Commercial Shop Space on Large
For Sale
$1,150,000
502 JOE ANGEL Road, Canutillo, TX 79835
Move-in ready shop on .81 acre with secure parking.
Property Size4,660 SF
Lot Size0.81 Acres
Price / SF$246.78
Days on Market600
Property Features for 502 JOE ANGEL Road
General Information
Standard status
Active
Size
4,660 SF
Lot size
0.81 Acres
Property subtype
Commercial/Industrial
Listing Agency:
ERA Sellers & Buyers Real Esta
(915) 252-5753
Listed By:
Debbi Hester · License #0565963
(915) 252-5753
Source:
Exitrealty
Added: Dec 7, 2024
Changed: Jul 6
Last Checked: Jul 30 at 4:34AM
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 ERA Sellers & Buyers Real Esta
Investment Insights
Based on property information with market context.
This commercial shop space is in move-in condition and situated on a 0.81-acre lot, which provides ample space for equipment and truck parking within a secure custom rock wall and metal gate. Building A encompasses 4,660 square feet and includes a professional office space along with three work bays. The office area features three private carpeted offices equipped with ceiling fans, plus a storage area, two half baths with pedestal sinks, a break area, and a drafting area. The flooring consists of concrete and tile. Heating is provided by two Dayton heating units, and there are three Daytona fans. Building B measures 1,881 square feet and includes a 660-square-foot carport, three bays, and an extra storage/tool room. A fenced cinderblock storage area is located behind Building A. Additionally, there is a small cinderblock building with a pitched shingle roof that houses the water well system and provides storage.
Key Highlights
- Large .81 acre lot with secure rock wall and metal gate, ideal for ample equipment and truck parking.
- Building A: 4,660 Sq Ft with professional office space, 3 work bays, 3 private carpeted offices, and storage.
- Building B: 1,881 Sq Ft with 660 Sq Ft carport, 3 bays, and extra storage/tool room.
Financial Insights For Retail
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 | $67.1k | $14.40 |
| − Vacancy | −$10.0k | −$2.15 |
| EGI | $57.1k | $12.25 |
| − OpEx | −$17.1k | −$3.68 |
| NOI | $40.0k | $8.58 |
4,660 SF · lease $14.40/SF/yr · vacancy 14.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$571.1K
$499.7K – $666.2K
NOI $39,974 @ 7.0% cap · market cap 3.48%
Second Best
Industrial
$291.9K
$255.4K – $340.5K
NOI $20,431 @ 7.0% cap · market cap 1.78%
Theoretical Best
Office A
$842.2K
$736.9K – $982.5K
NOI $58,951 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
8,778 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
7,161 visits/mo
0.3 miles
Demographics for 79835, TX
12,456
Population
4,347
Households
2.9
Avg Household Size
34
Median Age
12%
College-Educated
70%
High-School Grad
8.9 sq mi
ZIP Area
1,400
Density / Sq Mi
$42,955
Median Household Income
$31,965
Median Earnings
$921
Median Rent
$103,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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?
Auto shop - Move-in ready shop on .81 acre 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 .81 acre lot with secure rock wall and metal gate, ideal for ample equipment and truck parking.; Building A: 4,660 Sq Ft with professional office space, 3 work bays, 3 private carpeted offices, and storage.; Building B: 1,881 Sq Ft with 660 Sq Ft carport, 3 bays, and extra storage/tool room.
