High-Frontage Commercial
6941 Alameda Avenue, El Paso, TX 79915
New
C4-zoned commercial property on Alameda Ave with a flexible 9,640 SF layout for redevelopment or adaptive reuse.
Type:Hospitality
Property size:
9,640 SFLot size:
1.33 AcresPrice / SF:
$155/SF- Added:
- Jun 22, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 25 at 9:03 pm
Property Features for 6941 Alameda Avenue
General Information
- Standard status
- Active
- Size
- 9,640 SF
- Lot size
- 1.33 Acres
- Property subtype
- Hospitality
Building Details
- Year Built
- 1950
Listing office Cap Rate Real Estate Group LLC
Listing date Jun 22, 2026
Source Crexi
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 Cap Rate Real Estate Group LLC
HighLights
- C4‑zoned commercial property on Alameda Ave with 1.33‑acre footprint and 9,640 SF existing layout for redevelopment or adaptive reuse
- 1950‑built asset with an existing 9,640 SF structure offering flexibility for multiple commercial or residential use types
- Qualified Opportunity Zone (Census Tract 48141003602) for buyers using eligible capital gains through a QOF
- Location provides rapid connectivity to Loop 375 and I‑10
Overview
This C4-zoned commercial property spans 1.33 acres and includes an existing 9,640 SF layout designed for flexible reuse. Its footprint and configuration support multiple pathways, including adaptive reuse or complete redevelopment. The property is also identified as a Qualified Opportunity Zone asset (Census Tract 48141003602), which may be relevant for buyers evaluating eligible capital gains investment structures.
The building is positioned with frontage on Alameda Ave, offering straightforward access to major regional routes including Loop 375 and I-10. The site sits along a busy corridor with established retail and commercial activity, supporting customer or resident-oriented concepts that benefit from convenient daily access.
With its versatile interior scale and permitted C4 framework, the property can be considered for a range of operating models such as high-density multi-family conversion, extended-stay hospitality, specialized retail, or a modern mixed-use commercial center. For investors and developers, the combination of an existing structure, substantial site area, and Opportunity Zone designation provides a practical base for an improvement-focused plan tailored to the selected use.
The building is positioned with frontage on Alameda Ave, offering straightforward access to major regional routes including Loop 375 and I-10. The site sits along a busy corridor with established retail and commercial activity, supporting customer or resident-oriented concepts that benefit from convenient daily access.
With its versatile interior scale and permitted C4 framework, the property can be considered for a range of operating models such as high-density multi-family conversion, extended-stay hospitality, specialized retail, or a modern mixed-use commercial center. For investors and developers, the combination of an existing structure, substantial site area, and Opportunity Zone designation provides a practical base for an improvement-focused plan tailored to the selected use.
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 | $173.5k | $18.00 |
| − Vacancy | −$17.4k | −$1.80 |
| EGI | $156.2k | $16.20 |
| − OpEx | −$46.9k | −$4.86 |
| NOI | $109.3k | $11.34 |
9,640 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.56M
$1.37M – $1.82M
NOI $109,318 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,389 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$2.42M
$2.12M – $2.82M
NOI $169,292 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Sands Motel
Hotel & Motel
Similar Places Nearby
- Sands Motel — 6941 Alameda Ave, El Paso, TX 79915
- Avail — 110 Miller Cir, El Paso, TX 79915
- Alvarez Mobile home Park — 7115 Alameda Ave, El Paso, TX 79915
- Rooms Plus — 6351 Alameda Ave, El Paso, TX 79905
- DE MARBELLA EVENTS — 7048 Alameda Ave ste d, El Paso, TX 79915
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.398556
- Latitude
- 31.760068
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - C4-zoned commercial property on Alameda Ave with a flexible 9,640 SF layout for redevelopment or adaptive reuse.
Where is this motel located?
The property is located at 6941 Alameda Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: C4‑zoned commercial property on Alameda Ave with 1.33‑acre footprint and 9,640 SF existing layout for redevelopment or adaptive reuse; 1950‑built asset with an existing 9,640 SF structure offering flexibility for multiple commercial or residential use types; Qualified Opportunity Zone (Census Tract 48141003602) for buyers using eligible capital gains through a QOF
