Restaurant Space with Exhaust
For Sale
$295,000
2506 N PIEDRAS Street, El Paso, TX 79930
Commercial Sale, El Paso, TX
Property Size1,052 SF
Lot Size0.08 Acres
Price / SF$280.42
Days on Market49
Property Features for 2506 N PIEDRAS Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Parking features
Assigned
Fireplace
1
Standard status
Active
APN
A52099904300100
Lot size
0.08 Acres
Building Details
Floors in Building
1
Listing Agency:
Cap Rate Real Estate Group
(915) 443-8859
Listed By:
Cristian Anibal Olague
(915) 345-4379
Added: Sep 8
Changed: Oct 2
Last Checked: Oct 26 at 2:06AM
MLS# 950783
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.
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Investment Insights
Based on property information with market context.
The 1,052-square-foot restaurant space is configured for food service and includes a commercial exhaust hood, providing a key built-in improvement for restaurant operations. The property also has assigned parking and a fireplace. C2 zoning supports its commercial positioning within Central El Paso’s Manhattan Heights district.
The site is located on a major north-south artery near Austin High School and Memorial Park. The El Paso VA Medical Center is on the same street, placing the property near established institutional and community destinations. Its El Paso location provides access to surrounding neighborhood activity and nearby facilities.
The site is located on a major north-south artery near Austin High School and Memorial Park. The El Paso VA Medical Center is on the same street, placing the property near established institutional and community destinations. Its El Paso location provides access to surrounding neighborhood activity and nearby facilities.
Key Highlights
- 1,052‑square‑foot restaurant space
- Commercial exhaust hood installed
- C2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,679
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,580
$313.6K
Cap Rate 7%
$223,986
$224.0K
Cap Rate 9%
$174,211
$174.2K
Market Conditions
NOI Build-Up for 1,052 SF
Gross rent
$22.7K $21.60/SF
− Vacancy
−$1.8K −$1.73/SF
EGI
$20.9K $19.87/SF
− OpEx
−$5.2K −$4.97/SF
NOI
$15.7K $14.90/SF
Area
El Paso, TX
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,580
Cap Rate 7%
$223,986
Cap Rate 9%
$174,211
Alternative Uses
Best Use
Specialty Retail
$224.0K
$196.0K – $261.3K
NOI $15,679 @ 7.0% cap · market cap 5.31%
Second Best
Industrial
$71.5K
$62.6K – $83.4K
NOI $5,005 @ 7.0% cap · market cap 1.70%
Theoretical Best
Office A
$263.9K
$230.9K – $307.9K
NOI $18,475 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
8,826 visits/mo
0.4 miles
7-Eleven
Shops & Services
3,119 visits/mo
0.4 miles
Demographics for 79930, TX
24,553
Population
11,729
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
75%
High-School Grad
7.5 sq mi
ZIP Area
3,274
Density / Sq Mi
$41,826
Median Household Income
$24,903
Median Earnings
$909
Median Rent
$124,000
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - C2-zoned restaurant space includes a commercial exhaust hood and assigned parking.
Where is this conventional restaurant located?
The property is located at 2506 N PIEDRAS Street El Paso, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,052‑square‑foot restaurant space; Commercial exhaust hood installed; C2 zoning
