3900 Global Reach Dr, Elpaso, TX 79925 – Warehouse

Warehouse and StorageYear Built 2022Total Assessed Value $100,000,000County El Paso

Property Details

The Warehouse and Storage property 3900 Global Reach Dr, Elpaso, TX 79925 is located in El Paso County. The specific property type is Warehouse. The total assessed value of this property is $100,000,000.

The gross building area is 1,527,480 square feet and the land area is 8,796,506 square feet for this Warehouse built in 2022.

Legal description: Blk 2 Butterfield Trail Aviation Park #3 Replat A Poss Int & Imps Only On Lot 1 (201.94 Ac)

$100,000,000

Market Value

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Property Image of 3900 Global Reach Dr, Elpaso, TX 79925, Warehouse and Storage

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Property Information

Property TypeWarehouse and Storage

Sub Property TypeWarehouse

Building Area1,527,480

Land Size8,796,506

Land Value$8,521,458

Improved Value$91,478,542

Total Assessed Value$100,000,000

Year Built2022

County NameEl Paso

Account Number719302

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningYes

HeatingSpace or suspended

Roof CoverComposition shingle

Roof TypeFlat

Sales History

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$8,521,458	$80,478,542	$89,000,000	$89,000,000	Marmaxx Operating Co...	3900 Global Reach Dr	Blk 2 Butterfield Tr...	510	B85403A	8,796,506	1,527,480
2025	$8,521,458	$80,478,542	$89,000,000	$89,000,000	Marmaxx Operating Co...	3900 Global Reach Dr	Blk 2 Butterfield Tr...	510	B85403A	8,796,506	1,527,480
2024	$8,521,458	$91,478,542	$100,000,000	$100,000,000	Marmaxx Operating Co...	3900 Global Reach Dr	Blk 2 Butterfield Tr...	510	B85403A	8,796,506	1,527,480
2023	$8,674,724	$67,325,276	$76,000,000	$76,000,000	Marmaxx Operating Co...	3900 Global Reach Dr...	Blk 2 Butterfield Tr...	510	B85403A	8,796,506	1,532,800

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
3900 Global Reach Dr, Elpaso, TX 79925	719302	Warehouse and Storage	Warehouse	Marmaxx Operating Corp	El Paso	-	-	-	-	2022	1,527,480	-
9201 Socorro Logistics Ln, Socorro, TX 79927	713812	Warehouse and Storage	Warehouse	Slc Building 2 Owner Llc	El Paso	9.5	$ 74,746,000	2024-03-21	$ 96.96	2022	770,870	-
2601 Petty Pl, Fort Worth, TX 76177	769784	Warehouse and Storage	Warehouse	Exeter 2601 Petty Lp, Ke Andrews	Denton	537.4	$ 109,725,000	2025-11-14	$ 137.91	2020	795,626	1
16000 Wolff Crossing, Justin, TX 76247	958283	Warehouse and Storage	Warehouse	16000 Wolff Crossing Llc	Denton	535.7	$ 77,033,600	2025-01-29	$ 109.73	2020	702,000	2
2900 S Valley Pkwy, Lewisville, TX 75067	648564	Warehouse and Storage	Warehouse	Dfw Lewisville Partners Gp Etal	Denton	553.6	$ 51,892,532	2025-06-09	$ 50.38	2014	1,030,000	-
2710 Spinks Rd, Lewisville, TX 75067	661808	Warehouse and Storage	Warehouse	Dfw Lewisville Partners Gp Etal	Denton	553.8	$ 87,745,780	2025-06-09	$ 92.63	2007	947,236	-
600 Gateway Pkwy Unit61, Roanoke, TX 76262	241833	Warehouse and Storage	Warehouse	Sp 61 Gateway Owner Lp	Denton	540.5	$ 75,810,000	2024-08-28	$ 124.70	2002	607,962	61
100 N Mustang Rd, Mustang, OK 73099	090022706	Warehouse and Storage	Warehouse	-	Canadian	559.6	$ 20,000,000	2025-03-04	$ 28.99	1975	689,991	-

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	3900 Global Reach Dr, Elpaso, TX 79925	—	-	8,796,506	2022	1,527,480	$ 100,000,000	$ 8,521,458	-
Billy Wayne Meister Jr Trust	3800 Mankins Ave, Odessa, TX 79764	06/26/2025	$ 600,000	129,800	1969	15,020	$ 761,336	$ 166,144	Covey Krewe Investments Llc
Community National Bank	2012 W 46th St, Odessa, TX 79764	05/21/2025	$ 136,000	45,320	1980	1,200	$ 264,016	$ 14,049	Penn Custom Homes Llc
American General Life Ins Co	7811 Hoover Ave, El Paso, TX 79912	05/15/2025	$ 148,100,000	950,610	1999	402,206	$ 28,000,000	$ 1,616,037	7811 Hoover El Paso Llc
First Savings Bank	7130 E Gateway Blvd, Elpaso, TX 79915	04/17/2025	$ 3,530,228	102,111	1991	63,510	$ 3,666,407	$ 1,277,409	Harsha Investments Llc
West Texas State Bank	3208 Kermit Hwy, Odessa, TX 79764	04/17/2025	$ 100,000	48,034	1972	5,640	$ 634,576	$ 61,483	Tealer & Phillips Holdings Llc
Truist Bank	24 Zane Grey St, Elpaso, TX 79925	01/14/2025	$ 3,500,000	267,147	1984	97,407	$ 3,354,365	$ 75,323	Kasco Butterfield Llc
Barclays Bank Plc	5319 W 42nd St, Odessa, TX 79764	12/23/2024	$ 87,628	207,781	1971	4,460	$ 666,465	$ 122,591	Vb Acquisitions Llc
West Texas National Bank	0 Blk G Sec 261, Seminole, TX 79360	12/20/2024	$ 408,300	1,089,000	1991	11,647	$ 338,340	$ 110,000	Dusty Range Properties Llc
Legacy Bank	7976 W I H 20, Odessa, TX 79763	12/10/2024	$ 852,125	39,988	2009	1,000	$ 804,683	$ 18,360
Cache Valley Bank	8260 W I H 20, Odessa, TX 79763	11/15/2024	$ 1,275,000	96,747	2023	2,499	$ 1,043,563	$ 44,420

Mean$ 35,189,653

Median$ 1,901,150.0

Loan Amount Range$ 54,500 - $ 254,500,000

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License Details

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