El Paso Flex
For Sale
$1,650,000
2401 ALAMEDA Avenue, El Paso, TX 79901
COMMERCIAL - El Paso, TX
Property Size10,600 SF
Lot Size0.66 Acres
Price / SF$155.66
Days on Market136
Property Features for 2401 ALAMEDA Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C4
Parking
19
Parking features
Assigned
Fireplace
1
Standard status
Active
APN
B20299904606100.2
Size
10,600 SF
Lot size
0.66 Acres
Taxes and HOA fees
Tax Description
46 BASSETT 17 TO 24 (28859 SQ FT)
Legal Description
46 BASSETT 17 TO 24 (28859 SQ FT)
Utilities
Sewer type
Septic Tank
Heating system
Central
Building Details
Floors in Building
2
Building materials
Block, Stucco
Listing Agency:
Team Juan Uribe
(915) 585-0007
Listed By:
Sebastian Alcazar · License #0719657
(915) 478-9905
Added: Mar 17
Changed: May 31
Last Checked: Jul 30 at 5:06PM
MLS# 940386
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex warehouse in El Paso features ceiling clear heights of over 20 ft, with a low point of 17.5 ft. It includes 3 dock-high doors and an indoor ramp for loading and unloading. Natural skylights provide illumination throughout the building. Approximately 6,000 sq ft of built-out office space is ready for use, along with multiple water closet facilities in both the mezzanine and downstairs offices, including handicap bathrooms. An additional 4,600 sq ft portion above the covered parking area can be used for storage or other purposes. The property is zoned C4 and is situated on a 0.66-acre lot.
Key Highlights
- 20 ft+ ceiling clear heights, low point 17.5 ft, ideal for various storage.
- Includes 6,000 sq ft of built‑out office space ready for immediate use.
- Features 3 dock‑high doors with an indoor ramp for efficient loading.
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.6k | $9.96 |
| − Vacancy | −$10.7k | −$1.01 |
| EGI | $94.9k | $8.95 |
| − OpEx | −$33.2k | −$3.13 |
| NOI | $61.7k | $5.82 |
10,600 SF · lease $9.96/SF/yr · vacancy 10.10% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$881.3K
$771.2K – $1.03M
NOI $61,693 @ 7.0% cap · market cap 3.74%
Second Best
Warehouse
$874.8K
$765.5K – $1.02M
NOI $61,236 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,151 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,831
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79901, TX
10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value
Market
Vacancy Rate% for Industrial in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse with office space and loading docks in El Paso.
Where is this flex space located?
The property is located at 2401 ALAMEDA Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 20 ft+ ceiling clear heights, low point 17.5 ft, ideal for various storage.; Includes 6,000 sq ft of built‑out office space ready for immediate use.; Features 3 dock‑high doors with an indoor ramp for efficient loading.
