Retail Space with Body Shop
For Sale
Contact for pricing
10111 DYER ST, El Paso, TX 79924
Established automotive repair business operating for more than 10 years near I-10 in El Paso.
Property Size8,520 SF
Price / SF$123.20
Days on Market144
Property Features for 10111 DYER ST
General Information
Standard status
Active
Size
8,520 SF
Class
C
Property subtype
Retail
Zoning
C-3
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Stories
1
Listing Agency:
Coldwell Banker Commercial Lewis Realty Group
(915) 479-5151
Listed By:
Carol Lewis · License #TX0461916BB
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Jun 19 at 3:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Lewis Realty Group
Investment Insights
Based on property information with market context.
This retail property is associated with an automotive body shop business that has operated for more than 10 years. The building is offered separately from the business, creating a distinct real estate component within the offering.
The property is located at 10111 Dyer in El Paso, near I-10 and a major intersection. The address places the asset in the city’s 79924 ZIP code.
The property is located at 10111 Dyer in El Paso, near I-10 and a major intersection. The address places the asset in the city’s 79924 ZIP code.
Key Highlights
- Automotive body shop business operating for more than 10 years
- Located near I‑10
- Close to a major intersection
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$82,303
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,646,060
$1.6M
Cap Rate 7%
$1,175,757
$1.2M
Cap Rate 9%
$914,478
$914.5K
Market Conditions
NOI Build-Up for 8,520 SF
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.
Gross rent
$127.8K $15.00/SF
− Vacancy
−$10.2K −$1.20/SF
EGI
$117.6K $13.80/SF
− OpEx
−$35.3K −$4.14/SF
NOI
$82.3K $9.66/SF
Area
ZIP 79924
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,646,060
Cap Rate 7%
$1,175,757
Cap Rate 9%
$914,478
Alternative Uses
Best Use
Retail
$1.18M
$1.03M – $1.37M
NOI $82,303 @ 7.0% cap · market cap 7.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$77.61M
$67.91M – $90.55M
NOI $5,432,805 @ 7.0% cap · market cap 517.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 35%
Home Improvements & Furnishings 11%
Electronics 3%
Circle K
Shops & Services
30,723 visits/mo
0.3 miles
Whataburger
Dining
25,783 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
12,403 visits/mo
0.1 miles
Dollar General
Shops & Services
10,866 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,182 visits/mo
0.5 miles
Demographics for 79924, TX
58,721
Population
23,009
Households
2.6
Avg Household Size
36
Median Age
19%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
4,736
Density / Sq Mi
$56,786
Median Household Income
$29,782
Median Earnings
$1,062
Median Rent
$131,200
Median Home Value
Market
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Established automotive repair business operating for more than 10 years near I-10 in El Paso.
Where is this retail space located?
The property is located at 10111 DYER ST El Paso, TX.
What is the asking price?
The asking price for this property is $1,049,644.
What are key features of this property?
This property features: Automotive body shop business operating for more than 10 years; Located near I‑10; Close to a major intersection
