Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    605 S Kansas St El Paso, TX 79901

    View on Map
    Sponsored
    For Sale
    $268,000

    COMMERCIAL - El Paso, TX

    Property size:
    3,500 SF
    Lot size:
    0.14 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 13 at 9:06 pm

    Property Features for 605 S Kansas St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C5
    APN
    C05099910405100
    Fireplace
    1
    Size
    3,500 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Building materials
    Block, Brick

    We can help!

    Listing Contact
    Luis Angel Guzman

    HOME PROS REAL ESTATE GROUP (915) 585-8806

    Listing agent Luis Angel Guzman (915) 873-0255

    Listing date Mar 11, 2026

    MLS# 931703

    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.

    Learn more

    Property Insight Report

    Overview

    Versatile Commercial Property Near Downtown

    This commercial property, located near the heart of downtown El Paso, offers over 3500 square feet of versatile space. The property benefits from its location with downtown trolley tracks running directly in front. The flexible interior space and strong long-term growth potential make it suitable for both owner-users and investors. The property provides convenient access to public transportation, government offices, and community resources, situated within a vibrant and close-knit community. The C5 zoning allows for a variety of uses, including nonprofit or community organizations, professional services such as law, accounting, or marketing firms, medical or dental practices, retail and office combinations, or owner-occupied investment property. The location benefits from strong local demographics and a growing small business base. The adaptable floor plan offers excellent leasing potential. The property is situated on a lot of approximately 0.14 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Centro Familiar El ... Church

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Law Firm Food Market Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.483689
    Latitude
    31.753972

    Nearby Similar for Sale

    • New
      $510,000
      2,965 SF

      Versatile Commercial Space Near Downtown

      Prime commercial property ideal for retail, office, warehouse, or automotive.
      1500 Wyoming Ave, El Paso, TX 79902
      View Details
    • $450,000
      6,000 SF

      Downtown El Paso Commercial Property

      Income-producing commercial property in the heart of downtown El Paso.
      408 S El Paso St, El Paso, TX 79901
      View Details
    • $450,000
      4,875 SF

      Downtown El Paso Commercial Property

      Multi-tenant property near Stanton International Bridge, ideal for retail.
      612 S Stanton St, El Paso, TX 79901
      View Details
    • $849,950
      5,000 SF

      New Commercial Flex Office/Warehouse

      New flex office/warehouse with high ceilings and secure fencing.
      3605 Esper Dr, El Paso, TX 79936
      View Details
    • New
      $790,000
      0.28 Acres

      El Paso Commercial Opportunity

      Commercial property suitable for medical office, includes residential building.
      1700 N Mesa St, El Paso, TX 79902
      View Details
    • $300,000
      3,000 SF

      El Paso Commercial Investment Property

      Income-producing commercial property in downtown El Paso near international bridge.
      410 S El Paso St, El Paso, TX 79901
      View Details
    • $890,000
      3,000 SF

      El Paso Showroom/Warehouse For Sale

      Showroom/warehouse near downtown and international bridges, ideal for various businesses.
      210 Poplar St, El Paso, TX 79901
      View Details
    • $315,000
      1,052 SF

      Turnkey Restaurant in El Paso

      Ready-to-operate restaurant in historic Manhattan Heights district.
      2506 N Piedras St, El Paso, TX 79930
      View Details
    • $3,400,000
      14,000 SF

      El Paso Industrial Warehouse

      14,000 SF warehouse with offices on 10 acres.
      1001 Berryville St, El Paso, TX 79928
      View Details
    • Contact for pricing
      3,300 SF

      El Paso Flex Medical/Office Facility

      Flex medical/office facility in a thriving commercial hub.
      2026 Bluff Creek St, El Paso, TX 79911
      View Details
    • New
      $950,000
      0.21 Acres

      El Paso Office/Warehouse Investment

      Office building with warehouse near downtown El Paso.
      2417 Yandell Dr, El Paso, TX 79903
      View Details
    • $749,000
      2,400 SF

      El Paso Commercial Opportunity

      Versatile commercial property near downtown and international bridges.
      1922 E Rio Grande Ave, El Paso, TX 79902
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Excellent visibility, flexible space, strong growth potential near downtown.
    Where is this mixed-use property located?
    The property is located at 605 S Kansas St El Paso, TX.
    What is the asking price?
    The asking price for this property is $268,000.
    What are key features of this property?
    This property features: - Prime location near downtown El Paso with trolley access.; - Versatile **3500+ sq ft space** suitable for various uses (office, retail, medical, etc.).; - Strong long-term growth potential for owner-users and investors.
    (915) 873-0255
    Request Owner's contact information
    605 S Kansas St El Paso, TX 79901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    605 S Kansas St
    El Paso, TX 79901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    605 S Kansas St El Paso, TX 79901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Luis Angel Guzman
    (915) 873-0255
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!