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Flex Warehouse with Office Space

2401 ALAMEDA AVE El Paso, TX 79901

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Flex warehouse featuring office space, dock doors, and skylights.

Type:Retail, Industrial
Property size:
25,550 SF
Price / SF:
$64.58/SF
Added:
May 18, 2026
Days on Market:
57
Last Refresh:
Jun 27 at 2:38 pm

Property Features for 2401 ALAMEDA AVE

General Information

Standard status
Active
Size
25,550 SF
Property subtype
Retail, Industrial

Building Details

Year Built
1927

Listing office Team Juan Uribe

Listing date May 18, 2026

Source Crexi

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 Team Juan Uribe


Investment Insights

Based on property information with market context.

This flex warehouse offers a versatile space suitable for various commercial purposes. The property features ceiling clear heights of over 20 feet, with a low point of 17.5 feet. It includes three dock-high doors and an indoor ramp to facilitate loading and unloading. Natural skylights provide ample illumination throughout the building. Approximately 6,000 square feet of built-out office space is ready for immediate use. Multiple water closet facilities are available in both the mezzanine and downstairs offices, including handicap-accessible bathrooms. An additional 4,600-square-foot area above the covered parking can be utilized for extra storage or other purposes. The total property size is 25,550 square feet.

Key Highlights

  • 20 ft+ ceiling clear heights (low point 17.5 ft) ideal for various storage and operational needs.
  • Approximately 6,000 sq ft of built‑out office space ready for immediate use.
  • Includes 3 dock‑high doors with an indoor ramp for easy loading and unloading.

Local Financial Insights For Warehouse

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 $193.2k $7.56
− Vacancy −$19.5k −$0.76
EGI $173.6k $6.80
− OpEx −$26.0k −$1.02
NOI $147.6k $5.78
25,550 SF · lease $7.56/SF/yr · vacancy 10.10% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$2.12M
$1.86M – $2.48M (±1% cap)
NOI $148,704 @ 7.0% cap · market cap 9.01%
Second Best
Warehouse
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,602 @ 7.0% cap · market cap 8.95%
Theoretical Best
Office A
$6.41M
$5.61M – $7.48M (±1% cap)
NOI $448,693 @ 7.0% cap · market cap 27.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Dental Office Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Travel Agency Catering Service (Bike/Boat/Book/etc) Store Hair Salon Wine and Liquor Store

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

Similar Off Market Nearby

  • Ciros Sea & Mexican Food — 3710 Montana Ave, El Paso, TX 79903
  • Taquizas los toritos — 3700 Durazno Ave, El Paso, TX 79905

FAQs

What type of property is this?
Flex space - Flex warehouse featuring office space, dock doors, and skylights.
Where is this flex space located?
The property is located at 2401 ALAMEDA AVE El Paso, TX.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 20 ft+ ceiling clear heights (low point 17.5 ft) ideal for various storage and operational needs.; Approximately 6,000 sq ft of built‑out office space ready for immediate use.; Includes 3 dock‑high doors with an indoor ramp for easy loading and unloading.
Contact an agent
(915) 479-5151 Call to check price and availability
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