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Warehouse with Covered Work Area

5100 Gallegos, El Paso, TX 79938

For Sale
$180,000

Commercial Sale, El Paso, TX

Property Size1,500 SF
Lot Size0.52 Acres
Price / SF$120
Days on Market104

Property Features for 5100 Gallegos

General Information

Property type Commercial Sale
Property subtype Other
Zoning C4
Fireplace 1
Subdivision Homestead Meadows
Standard status Active
APN M08000000100500
Lot size 0.52 Acres

Taxes and HOA fees

Tax Description 1 MARCOS ALVAREZ ESTATES LOT 5
Legal Description 1 MARCOS ALVAREZ ESTATES LOT 5

Utilities

Utilities Electricity Available

Building Details

Floors in Building 1
Building materials Metal Siding
Listing Agency: Steve Shapiro, REALTOR
Listed By: Steve G Shapiro · License #0609822
Added: Jul 29 Changed: Oct 2 Last Checked: Nov 9 at 9:06AM
MLS# 948493

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.

Rey
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Investment Insights

Based on property information with market context.

This warehouse property includes 1,500 square feet of enclosed space on 0.52 acres of leveled land. The building measures 30 by 50 feet and includes an office with refrigerated air, a restroom with a shower, and a 15-by-14-foot overhead door suited to large-vehicle entry. Additional canopies provide covered exterior space, while a 6-foot reinforced concrete pad supports the improvements.

The property is located at 5100 Gallegos in El Paso, Texas, and carries C4 zoning. Site infrastructure includes a 2,500-gallon water tank, an installed septic tank, and electricity available at the property.

Key Highlights

  • 1,500 SF warehouse on 0.52 acres of leveled land
  • 30‑by‑50‑foot building with 6' reinforced concrete pad
  • 15‑by‑14‑foot overhead door for large‑vehicle access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,730
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,600 $174.6K
Cap Rate 7%
$124,714 $124.7K
Cap Rate 9%
$97,000 $97.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$14.9K $9.96/SF
− Vacancy
−$1.5K −$1.01/SF
EGI
$13.4K $8.95/SF
− OpEx
−$4.7K −$3.13/SF
NOI
$8.7K $5.82/SF
Area
ZIP 79938
Vacancy
10.10%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,600
Cap Rate 7%
$124,714
Cap Rate 9%
$97,000

Alternative Uses

Best Use
Flex RnD
$124.7K
$109.1K – $145.5K (±1% cap)
NOI $8,730 @ 7.0% cap · market cap 4.85%
Second Best
Warehouse
$123.8K
$108.3K – $144.4K (±1% cap)
NOI $8,665 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$376.3K
$329.3K – $439.0K (±1% cap)
NOI $26,342 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 79938, TX

96,353
Population
29,818
Households
3.2
Avg Household Size
29
Median Age
28%
College-Educated
85%
High-School Grad
390.2 sq mi
ZIP Area
247
Density / Sq Mi
$75,801
Median Household Income
$40,528
Median Earnings
$1,433
Median Rent
$199,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Warehouses in El Paso

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in El Paso, TX

6.4% 2019
5.6% 2020
3.7% 2021
2.7% 2022
6.7% 2023
12.2% 2024
12.8% 2025

Similar Off Market Nearby

  • Weber Self Storage Facility — 14234 Bradley Rd, El Paso, TX 79938

Frequently Asked Questions

What type of property is this?
Warehouse - Recently built warehouse with a cooled office, shower-equipped restroom, large-vehicle access, and additional shaded exterior areas.
Where is this warehouse located?
The property is located at 5100 Gallegos El Paso, TX.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1,500 SF warehouse on 0.52 acres of leveled land; 30‑by‑50‑foot building with 6' reinforced concrete pad; 15‑by‑14‑foot overhead door for large‑vehicle access
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