3-Bay Auto
For Sale
$358,000
3515 DYER Street, El Paso, TX 79930
Turnkey body shop with a 3-bay shop and showroom/lobby, suited for automotive repair operations.
Property Size1,900 SF
Price / SF$188.42
Days on Market233
Property Features for 3515 DYER Street
General Information
Standard status
Active
Size
1,900 SF
Property subtype
General Commercial
Additional Details
Business Included
Yes
Service Bays
3
Listing Agency:
Texas Ally Real Estate Group
(915) 352-5047
Listed By:
Angeline Gomez
(915) 352-5047
Source:
Xome
Added: Jan 10
Changed: Aug 12
Last Checked: Aug 31 at 1:23PM
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 Texas Ally Real Estate Group
Investment Insights
Based on property information with market context.
This property is a turnkey body shop designed for day-to-day automotive operations. The facility includes a 3-bay shop area, a showroom and lobby, and dedicated support space with offices, a supply room, and ample storage throughout. An over 1,900 sq ft operational footprint supports both customer-facing and back-of-house needs.
Located in Northeast El Paso on a corner lot near Fort Bliss, the site is positioned for strong visibility. The layout is configured to accommodate workflow from the public showroom/lobby into the service bays, with on-site office space for administrative tasks and additional storage for supplies and equipment.
For buyers looking to purchase an operating-ready automotive facility, this setup provides the core improvements typically needed to run a repair business, including service bays, customer space, and internal work and storage areas. Seller financing is available with no credit required, offering an alternative path to ownership for qualified buyers.
Located in Northeast El Paso on a corner lot near Fort Bliss, the site is positioned for strong visibility. The layout is configured to accommodate workflow from the public showroom/lobby into the service bays, with on-site office space for administrative tasks and additional storage for supplies and equipment.
For buyers looking to purchase an operating-ready automotive facility, this setup provides the core improvements typically needed to run a repair business, including service bays, customer space, and internal work and storage areas. Seller financing is available with no credit required, offering an alternative path to ownership for qualified buyers.
Key Highlights
- Turnkey body shop for sale in Northeast El Paso near Fort Bliss
- Prime corner lot location with a 3‑bay shop plus showroom and lobby
- Over 1,900 sq ft of operational space including office space, supply room, and ample storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,546
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$430,920
$430.9K
Cap Rate 7%
$307,800
$307.8K
Cap Rate 9%
$239,400
$239.4K
Market Conditions
NOI Build-Up for 1,900 SF
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.
Gross rent
$34.2K $18.00/SF
− Vacancy
−$3.4K −$1.80/SF
EGI
$30.8K $16.20/SF
− OpEx
−$9.2K −$4.86/SF
NOI
$21.5K $11.34/SF
Area
El Paso, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$430,920
Cap Rate 7%
$307,800
Cap Rate 9%
$239,400
Alternative Uses
Best Use
Retail
$307.8K
$269.3K – $359.1K
NOI $21,546 @ 7.0% cap · market cap 6.02%
Second Best
Industrial
$129.1K
$113.0K – $150.7K
NOI $9,039 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$476.7K
$417.1K – $556.1K
NOI $33,367 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
81k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 44%
Electronics 3%
Whataburger
Dining
18,219 visits/mo
0.1 miles
Circle K
Shops & Services
16,888 visits/mo
0.2 miles
Dollar General
Shops & Services
9,565 visits/mo
0.2 miles
SONIC Drive In
Dining
9,231 visits/mo
0.2 miles
Little Caesars Pizza
Dining
8,646 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
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Similar Off Market Nearby
- Tovar auto serviced — 3920 Memphis Ave, El Paso, TX 79930
- Castle Glass — 3212 porter ave, el paso, tx 79930
- Salazar's Automotive — 3401 Fort Blvd, El Paso, TX 79930
- Sotllo's Body & Spot Shop — 3306 N Copia St, El Paso, TX 79930
- A & A Paint and Body Shop — 3505 Dyer St, El Paso, TX 79930
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey body shop with a 3-bay shop and showroom/lobby, suited for automotive repair operations.
Where is this auto shop located?
The property is located at 3515 DYER Street El Paso, TX.
What is the asking price?
The asking price for this property is $358,000.
What are key features of this property?
This property features: Turnkey body shop for sale in Northeast El Paso near Fort Bliss; Prime corner lot location with a 3‑bay shop plus showroom and lobby; Over 1,900 sq ft of operational space including office space, supply room, and ample storage
