El Paso Investment
5723 ALAMEDA Avenue, El Paso, TX 79905
- Added:
- May 29, 2025
- Days on Market:
- 370
- Last Refresh:
- Jun 2 at 4:06 am
Property Features for 5723 ALAMEDA Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C4
- Fireplace
- 1
- Standard status
- Active
- APN
- A43899900409100 b
- Size
- 1,678 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 4 ALAMEDA ACRES E 65 FT OF 10 & E 65 FT OF S 33 FT OF 9
- Tax Annual Amount
- 5938
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Evaporative Cooling
Building Details
- Floors in Building
- 1
- Building materials
- Block
- Additional Structures
- Arena
Listing agent Fernando Bustamante License #0689844 (915) 319-9004
Listing office Home Quest Realty 4560 Ripley Dr, El Paso, TX (915) 585-3948
Listing date May 29, 2025
MLS# 923481
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.
HighLights
- High‑traffic location on Alameda Ave offers excellent visibility and business potential.
- Multiple income‑producing spaces provide immediate cash flow.
- Total of 10,618 sqft of land with diverse usage possibilities.
- Includes a currently leased auto repair shop, retail space, and apartment.
- Detached 1,000 sqft home can be owner‑occupied or rented for additional income.
- Flexibility to configure the property for various business or residential needs.
Overview
This property, located on Alameda Avenue in El Paso, Texas, presents an investment opportunity. The site encompasses 10,618 square feet of land and features multiple income-producing spaces. The main structure includes approximately 1,678 square feet of construction, along with a garage and covered area currently leased as an auto repair shop for $1,400 per month. A front retail space, approximately 290 square feet, is leased for $400 per month and is suitable for a small business. Additionally, there is a 1-bedroom apartment of about 700 square feet generating $750 per month in rental income. A detached home of roughly 1,000 square feet could potentially bring in another $1,000 per month. The property's C4 zoning and high-traffic location offer flexibility for various uses, appealing to both owner-users and investors seeking to establish or expand their presence.
Local Financial Insights For Retail
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 | $30.2k | $18.00 |
| − Vacancy | −$3.0k | −$1.80 |
| EGI | $27.2k | $16.20 |
| − OpEx | −$8.2k | −$4.86 |
| NOI | $19.0k | $11.34 |
1,678 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$271.8K
$237.9K – $317.2K
NOI $19,029 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$199.9K
$174.9K – $233.2K
NOI $13,993 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$421.0K
$368.4K – $491.1K
NOI $29,468 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Charo's Auto Service
Auto Repair Shop
Similar Places Nearby
- E Auto Collision — 5848 Alameda Ave, El Paso, TX 79905
- Professional Tire Shop — 5800 Alameda Ave, El Paso, TX 79905
- Westex Auto Collision — 5840 Alameda Ave, El Paso, TX 79905
- Ballistic Wheels And Tires LLc — 5710 Alameda Ave, El Paso, TX 79905
- Economy Tire 2 — 5700 Alameda Ave, El Paso, TX 79905
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.419733
- Latitude
- 31.767646
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Income-producing property with multiple spaces and high-traffic location.
Where is this auto shop located?
The property is located at 5723 ALAMEDA Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: High‑traffic location on Alameda Ave offers excellent visibility and business potential.; Multiple income‑producing spaces provide immediate cash flow.; Total of 10,618 sqft of land with diverse usage possibilities.
