High-Frontage Commercial
6941 Alameda Avenue El Paso, TX 79915
For Sale
Contact for pricing
C4-zoned commercial property on Alameda Ave with a flexible 9,640 SF layout for redevelopment or adaptive reuse.
Property Size9,640 SF
Lot Size1.33 Acres
Price / SF$155.60
Days on Market32
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 Agency:
Cap Rate Real Estate Group LLC
Listed By:
Bianca Berry · License #647953
Source:
Crexi
Added: Jun 22
Changed: Jul 10
Last Checked: Jul 23 at 7:23AM
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
Investment Insights
Based on property information with market context.
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.
Key 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
Financial Insights For Apartment 5plus
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 | $153.9k | $15.96 |
| − Vacancy | −$7.7k | −$0.80 |
| EGI | $146.2k | $15.16 |
| − OpEx | −$65.8k | −$6.82 |
| NOI | $80.4k | $8.34 |
9,640 SF · lease $15.96/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.00M – $1.34M
NOI $80,389 @ 7.0% cap · market cap 5.36%
Second Best
Hotel Hospitality
$588.7K
$515.1K – $686.9K
NOI $41,211 @ 7.0% cap · market cap 2.75%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sands Motel
Hotel & Motel
Similar Off Market Nearby
- Cortez Motel — 7174 Alameda Ave, El Paso, TX 79915
- Sun Valley Motel — 7229 Alameda Ave, El Paso, TX 79915
- Tower Motel — 7211 Alameda Ave, El Paso, TX 79915
- Alvarez Mobile home Park — 7115 Alameda Ave, El Paso, TX 79915
- DE MARBELLA EVENTS — 7048 Alameda Ave ste d, El Paso, TX 79915
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
