Multi-Tenant Retail
For Sale
$535,000
158 GREEN DESERT Circle, El Paso, TX 79928
Commercial Sale, El Paso, TX
Property Size3,880 SF
Lot Size0.23 Acres
Price / SF$137.89
Days on Market54
Property Features for 158 GREEN DESERT Circle
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Fireplace
1
Subdivision
Green Desert
Standard status
Active
APN
G69000000102800
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
1 GREEN DESERT LOT 28 (10120.23 SQ FT)
Tax Annual Amount
8763
Legal Description
1 GREEN DESERT LOT 28 (10120.23 SQ FT)
Building Details
Floors in Building
1
Building materials
Block
Listing Agency:
Home Pros Real Estate Group
(915) 585-8806
Listed By:
Edmundo Montoya · License #0657602
(915) 873-8065
Added: Aug 16
Changed: Oct 2
Last Checked: Oct 8 at 6:06AM
MLS# 949567
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 C1-zoned retail property occupies a 0.23-acre lot and includes approximately 3,880 SF arranged as two commercial suites. The building features open interior layouts, high ceilings, 11 customer parking spaces, and a covered exterior awning that can support additional merchandise display. Block construction and flexible suite configurations accommodate a range of retail and commercial operations.
The property fronts Horizon Blvd, also identified as FM 1281, with access connecting the I-10 corridor and Horizon City. Its rear and side wall also face Horizon Blvd traffic, creating a prominent surface for large painted signage or billboard-style advertising. Reported traffic volumes range from 25,000 to 35,000+ AADT depending on the segment.
The property fronts Horizon Blvd, also identified as FM 1281, with access connecting the I-10 corridor and Horizon City. Its rear and side wall also face Horizon Blvd traffic, creating a prominent surface for large painted signage or billboard-style advertising. Reported traffic volumes range from 25,000 to 35,000+ AADT depending on the segment.
Key Highlights
- Approximately 3,880 SF multi‑tenant building with two commercial suites
- 0.23‑acre lot with 11 dedicated customer parking spaces
- Frontage and exposure along Horizon Blvd (FM 1281)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,199
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,980
$704.0K
Cap Rate 7%
$502,843
$502.8K
Cap Rate 9%
$391,100
$391.1K
Market Conditions
NOI Build-Up for 3,880 SF
Gross rent
$55.9K $14.40/SF
− Vacancy
−$5.6K −$1.44/SF
EGI
$50.3K $12.96/SF
− OpEx
−$15.1K −$3.89/SF
NOI
$35.2K $9.07/SF
Area
ZIP 79928
Vacancy
10.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,980
Cap Rate 7%
$502,843
Cap Rate 9%
$391,100
Alternative Uses
Best Use
Retail
$502.8K
$440.0K – $586.7K
NOI $35,199 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$678.4K
$593.6K – $791.5K
NOI $47,491 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
35,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 79928, TX
78,971
Population
24,841
Households
3.2
Avg Household Size
29
Median Age
24%
College-Educated
85%
High-School Grad
209.9 sq mi
ZIP Area
376
Density / Sq Mi
$73,704
Median Household Income
$37,406
Median Earnings
$1,145
Median Rent
$188,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in El Paso, TX
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Frequently Asked Questions
What type of property is this?
Retail space - Two-suite commercial property with open layouts, customer parking, and covered exterior display space.
Where is this retail space located?
The property is located at 158 GREEN DESERT Circle El Paso, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Approximately 3,880 SF multi‑tenant building with two commercial suites; 0.23‑acre lot with 11 dedicated customer parking spaces; Frontage and exposure along Horizon Blvd (FM 1281)
