Newly Built Warehouse with
New
For Sale
$180,000
5100 Gallegos, El Paso, TX 79938
COMMERCIAL - El Paso, TX
Property Size1,500 SF
Lot Size0.52 Acres
Price / SF$120
Days on Market6
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
(915) 203-2334
Listed By:
Steve G Shapiro · License #0609822
(915) 203-2334
Added: Jul 29
Last Checked: Aug 3 at 9:06PM
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.
Investment Insights
Based on property information with market context.
This newly constructed warehouse is built on leveled land and includes a 30 x 50 warehouse footprint with additional canopies for shade. Vehicle access is supported by a 15 x 14 overhead door, and the site includes a 6' reinforced concrete pad. Interior improvements feature an office with refrigerated air, along with a restroom with a shower.
The property is situated on 0.52 acres and includes a 2,500-gallon water tank plus a septic tank installed on site. Zoning is listed as C4.
The combination of office space, restroom with shower, large overhead door access, and site utilities makes the building well-suited for tenants needing functional on-site support alongside a clear warehouse area.
The property is situated on 0.52 acres and includes a 2,500-gallon water tank plus a septic tank installed on site. Zoning is listed as C4.
The combination of office space, restroom with shower, large overhead door access, and site utilities makes the building well-suited for tenants needing functional on-site support alongside a clear warehouse area.
Key Highlights
- Newly constructed 1,500 SF warehouse on 1/2 acre of leveled land
- 30 x 50 warehouse with 15' x 14' overhead door for large vehicle access
- 6' reinforced concrete pad
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 | $14.9k | $9.96 |
| − Vacancy | −$1.5k | −$1.01 |
| EGI | $13.4k | $8.95 |
| − OpEx | −$4.7k | −$3.13 |
| NOI | $8.7k | $5.82 |
1,500 SF · lease $9.96/SF/yr · vacancy 10.10% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$124.7K
$109.1K – $145.5K
NOI $8,730 @ 7.0% cap · market cap 4.85%
Second Best
Warehouse
$123.8K
$108.3K – $144.4K
NOI $8,665 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$376.3K
$329.3K – $439.0K
NOI $26,342 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Properties on Market for Warehouses in El Paso
Vacancy Rate% for Industrial in El Paso, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - New 1,500 SF warehouse on 0.52 acres with a large 15x14 overhead door, office, restroom with shower, and water storage.
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: Newly constructed 1,500 SF warehouse on 1/2 acre of leveled land; 30 x 50 warehouse with 15' x 14' overhead door for large vehicle access; 6' reinforced concrete pad
