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    502 JOE ANGEL Road Canutillo, TX 79835

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    Claim this Listing
    For Sale
    $1,150,000

    COMMERCIAL - Canutillo, TX

    Lot size:
    0.81 Acres
    Added:
    Dec 6, 2024
    Days on Market:
    497
    Last Refresh:
    Apr 17 at 3:06 am

    Property Features for 502 JOE ANGEL Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C1
    Parking features
    Covered
    Fireplace
    1
    Standard status
    Active
    APN
    C1000000000009G
    Lot size
    0.81 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    CANUTILLO ACREAGE ELY 133.30 FT OF S 235.1 FT OF 9-A & PTS OF 10 (133.30 X 28.3) ADJ ON S
    Tax Annual Amount
    3711

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Ceiling Fan(s)
    Water source
    Well

    Building Details

    Floors in Building
    1
    Building materials
    Metal Siding
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Debbi Hester
    Debbi Hester

    Listing agent Debbi Hester License #0565963

    Listing office ERA Sellers & Buyers Real Esta 780 N Resler Dr., Suite A, TX

    Listing date Dec 6, 2024

    MLS# 913253

    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.

    Overview

    Commercial Shop Space on Large Lot

    This commercial shop space is in move-in condition and situated on a 0.81-acre lot (35,110 Sq. Ft.), providing ample space for equipment and truck parking within a secure custom rock wall and metal gate. Building A encompasses 4,660 Sq Ft and features a professional office space along with 3 work bays, 3 private carpeted offices equipped with ceiling fans, and a storage area. It also includes 2 half baths with pedestal sinks, a break area, a drafting area, concrete and tile flooring, 2 Dayton heating units, and 3 Daytona fans. Building B measures 1,881 Sq Ft and includes a 660 Sq Ft carport, 3 bays, and an extra storage/tool room. A bonus fenced/cinderblock storage area is located behind Building A. Additionally, there is a small cinderblock building with a pitched shingle roof used for the water well system and storage. The property is located in Canutillo, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Leo's Automotive — 6690 Doniphan Dr, Canutillo, TX 79835
    • Tire & Brake Service — 6761 Doniphan Dr STE L, Canutillo, TX 79835
    • Just Fix It Auto Care — 6696 Doniphan Dr, Canutillo, TX 79835
    • Mecanico a domicilio en El Paso tx y las cruses — 6721 doniphan dr, canutillo, tx 79835
    • Mecanico a domicilio el paso tx 9155430867hugo — 6721 Doniphan Dr, Canutillo, TX 79835

    Location Insight

    • Map
    • Local Demand
    City
    Canutillo
    County
    El Paso
    State
    Texas
    Longitude
    -106.596181
    Latitude
    31.903359

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    FAQs

    What type of property is this?
    Auto shop - Move-in ready shop on .81 acres with secure parking.
    Where is this auto shop located?
    The property is located at 502 JOE ANGEL Road Canutillo, TX.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Large 0.81 acre lot (35,110 Sq. Ft.) with **secure, custom rock wall and metal gate, ideal for equipment and truck parking.**; **Move‑in ready commercial shop space with two buildings totaling 6,541 Sq. Ft.** (4,660 Sq. Ft. + 1,881 Sq. Ft.).; Building A: Features professional office space with 3 private offices, 3 work bays, storage, break area, and 2 half baths.
    (915) 252-5753
    We can help!
    Listing Contact
    Debbi Hester
    Debbi Hester
    Real Estate License ID: 0565963
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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