Active

10100 Railroad Drive

El Paso TX, 79924

$4,899,999


Active

Commercial

Prime Investment Opportunity in a great Location, secure your future with a high-yield, triple net income property! Situated at the vibrant intersection of Transmountain and Railroad. The project entails the construction of two cutting-edge commercial office/warehouse buildings. The first building boasts an expansive 17,600 sq.ft. footprint, comprising warehouse space along with shared office facilities, featuring a total of 9 offices. Second building will be subdivided into four units, each offering 4,000 sq. ft. of versatile space, summing up to 16,000 sq. ft. in total. The 17,600 sq. ft. building has executed lease 3-to-5-year in place, ensuring stability and consistent income from the get-go. Each of the 4,000 sq. ft. units in the second building presents an exciting prospect, anticipated to rent out at a competitive rate of $15 per sq.ft. Prime corner lot, this property enjoys great visibility and accessibility, making it a magnet for businesses seeking importance and convenience

898602

MLSⓇ ID

March 26, 2024

Listed

September 17, 2024

Updated

Map

10100 Railroad Drive
El Paso TX, 79924

Interior Features

Total Stories

1


Fireplace

Yes


Cooling

Yes


Cooling Description

Ceiling Fan(s), Refrigerated


Heating

Yes


Heating Description

Central, Forced Air

Exterior/Building Features

Lot Size

0 Acres


Sewer

City

Other Property Details

Taxes

$13,609


Tax Frequency

Annually


Days on Market

114


Garage

No


Parking Total

147


View

No


County

El Paso


Water Source

City


Pool

No


Zoning

C4

Listing History

Date

Event

Price

7/12/2024

Price change

$4,899,999

-3%

Courtesy of Jesus Villanueva with The Real Estate Agency
Listing Contact:  

Based on information from the Greater El Paso Association of REALTORS® as of 9/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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