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$2,424,400

NAL Estimated Property Value

5822 Cromo Dr, El Paso, TX, 79912

Off MarketInfo
CommercialInfo
Baths35,816 Sq Ft
Year BuiltBuilt in 1976

Highlights

Interior

Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size1.36 acres

Building Information

Year Built1976
Stories4
Roof Type105

Land Information

APNP395-999-0030-0100
SubdivisionPark West Replat
Land UseCommercial
Legal Description3 PARK WEST #1 REPLAT PT OF 1 (1.359 AC)
Census Tract001114
Assessed Land Value$434,513
Assessed Improvement Value$1,989,887
Assessment Year2025

About this property

I invite you to come and see this elegant Offices space for rent in one of the most prestigious buildings in the area. As soon as you enter, you enter a beautiful reception area and elevators. The space for rent is 2029 sq ft plus 15% of common areas for a total of 2333 sq ft. It is on the third floor and has 4 smart offices, lobby, waiting room, meeting room inside this space, kitchenette with a refrigerator, sink and microwave, closets and storage space. It includes water, electricity, cleaning 5 days a week and a receptionist from 7:30 am to 5:30 pm. Part of the common areas that can be used extra is the beautiful larger meeting room that is on the same floor. Minimum 3 years lease or more

Investor Tools

Property Icon
$2,424,400
Estimated Property Value
$0Estimated Mortgage Balance
$2,424,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,546 /month
Positive
Cash Flow Estimate:
$4,849 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$54,219
$2,424,400
2025
$434,513
$1,989,887
$2,424,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$54,219
$2,424,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,424,400
100%
0%
$0/mo

Learn About the Market: Opportunity in El Paso

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El Paso

El Paso is one of Texas’ most unique housing markets, combining affordability, military employment, international trade, and a strong regional identity. Located on the U.S.–Mexico border, the city serves as a major center for logistics, healthcare, education, manufacturing, and defense-related industries.

The city’s housing market is supported by the presence of Fort Bliss, one of the largest military installations in the United States. Compared to many other Texas metros, El Paso offers relatively affordable homeownership opportunities while maintaining stable demand from local residents, military personnel, and investors.

Explore Texas Explore This Area
Population Growth

Population Growth

0.6%

Net Migration

Net Migration

Stable

Median Home Price

Median Home Price

$184,500

Unemployment Rate

Unemployment Rate

4.0%

Price Trend

Price Trend

+1.6% YoY

New Permits

New Permits

Dynamic Permit Feed

City: El Paso

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5822 Cromo Dr | Property Details | No Agent List