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Flex Warehouse with Dock Doors
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2401 Alameda Ave, El Paso, TX 79901

Flex warehouse includes 20-ft+ clear heights, 3 dock high doors with indoor ramp, and skylit built-out office space.

Property Size25,550 SF
Price / SF$64.58
Days on Market163

Property Features for 2401 Alameda Ave

General Information

Standard status Active
Size 25,550 SF
Property subtype RETAIL

Additional Details

Dock-High Doors 3

Amenities

natural skylights
Listing Agency: Team Juan Uribe
Listed By: Juan Uribe · License #20228
Source: Moodyscre
Added: Feb 17 Changed: Jul 27 Last Checked: Jul 27 at 2:26PM

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 20 ft+ ceiling clear heights, with a listed low point of 17.5 ft. Loading is supported by three dock high doors and an indoor ramp for straightforward on-and-off loading. The building is also equipped with natural skylights throughout.

The layout includes approximately 6,000 sq ft of built-out office space, along with multiple water closet facilities in both the mezzanine offices and the downstairs offices. The downstairs office area includes handicap bathrooms. In addition, approximately 4,600 sq ft of space is located above the covered parking, which can be used for additional storage or other uses.

The property presents a combined warehouse and office configuration with multiple restroom facilities and enclosed office space integrated into the overall building footprint.

Key Highlights

  • Flex warehouse with 20 ft+ ceiling clear heights, plus a 17.5 ft low point
  • 3 dock high doors with an indoor ramp for on/off loading
  • Natural skylights throughout the building

Financial Insights For Flex RnD

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 $254.5k $9.96
− Vacancy −$25.7k −$1.01
EGI $228.8k $8.95
− OpEx −$80.1k −$3.13
NOI $148.7k $5.82
25,550 SF · lease $9.96/SF/yr · vacancy 10.10% · expense 35.00%

Alternative Uses

Best Use
Office B
$4.62M
$4.04M – $5.39M (±1% cap)
NOI $323,422 @ 7.0% cap · market cap 19.60%
Second Best
Flex RnD
$2.12M
$1.86M – $2.48M (±1% cap)
NOI $148,704 @ 7.0% cap · market cap 9.01%
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 authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Veterinary Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Dock-high doors

Location Intelligence

Trade Area within ½ mile

1,831
Businesses Nearby
Under-served
Demand for This Use

Demographics for 79901, TX

10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value

Market

Vacancy Rate% for Office in El Paso, TX

4.8% 2019
7.5% 2020
6.2% 2021
9% 2022
10.7% 2023
11.6% 2024
9.3% 2025
Rey
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?
Flex space - Flex warehouse includes 20-ft+ clear heights, 3 dock high doors with indoor ramp, and skylit built-out office space.
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: Flex warehouse with 20 ft+ ceiling clear heights, plus a 17.5 ft low point; 3 dock high doors with an indoor ramp for on/off loading; Natural skylights throughout the building
(915) 479-5151 Call to check price and availability
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