Fenced Auto Shop
For Sale
Contact for pricing
8326 Alameda Ave, El Paso, TX 79907
Enclosed automotive property with 220V power, restrooms, and month-to-month occupancy flexibility.
Property Size3,528 SF
Price / SF$141.72
Days on Market8
Property Features for 8326 Alameda Ave
General Information
Standard status
Active
Size
3,528 SF
Property subtype
RETAIL
Listing Agency:
Team Juan Uribe
(915) 479-5151
Listed By:
Juan Uribe · License #20228
(915) 479-5151
Source:
Moodyscre
Added: Aug 24
Changed: Aug 29
Last Checked: Aug 30 at 6:42PM
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 Team Juan Uribe
Investment Insights
Based on property information with market context.
Located at 8326 Alameda Ave in El Paso, this 3,528-square-foot auto shop property is configured for automotive-related operations. The improvements include 220V power, private restrooms, and public restrooms, while the site is secured by perimeter fencing and includes a fenced yard.
The property is currently leased on a month-to-month basis, providing flexibility for continued occupancy or a future owner-user transition. Its enclosed layout and existing automotive-oriented features support uses such as an auto body shop, mechanic shop, used car lot, or related operations, as identified for the property.
The property is currently leased on a month-to-month basis, providing flexibility for continued occupancy or a future owner-user transition. Its enclosed layout and existing automotive-oriented features support uses such as an auto body shop, mechanic shop, used car lot, or related operations, as identified for the property.
Key Highlights
- 3,528‑square‑foot auto shop property
- 220V power service
- Perimeter fencing and fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,008
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$800,160
$800.2K
Cap Rate 7%
$571,543
$571.5K
Cap Rate 9%
$444,533
$444.5K
Market Conditions
NOI Build-Up for 3,528 SF
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.
Gross rent
$63.5K $18.00/SF
− Vacancy
−$6.4K −$1.80/SF
EGI
$57.2K $16.20/SF
− OpEx
−$17.1K −$4.86/SF
NOI
$40.0K $11.34/SF
Area
El Paso, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$800,160
Cap Rate 7%
$571,543
Cap Rate 9%
$444,533
Alternative Uses
Best Use
Retail
$571.5K
$500.1K – $666.8K
NOI $40,008 @ 7.0% cap · market cap 8.00%
Second Best
Industrial
$239.8K
$209.8K – $279.7K
NOI $16,784 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$885.1K
$774.5K – $1.03M
NOI $61,957 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
3,899 visits/mo
0.2 miles
AutoZone
Shops & Services
3,107 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
2,622 visits/mo
0.5 miles
Demographics for 79907, TX
50,971
Population
17,505
Households
2.9
Avg Household Size
39
Median Age
13%
College-Educated
71%
High-School Grad
13.7 sq mi
ZIP Area
3,721
Density / Sq Mi
$41,901
Median Household Income
$25,661
Median Earnings
$910
Median Rent
$110,600
Median Home Value
Market
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Quiroz Transmissions — 8450 plant rd, el paso, tx 79907
- Henry's Trouble Shooter — 8533 Alameda Ave, El Paso, TX 79907
- Memos Tires — 8529 Alameda Ave, El Paso, TX 79907
- Best Tech — 8486 Alameda Ave, El Paso, TX 79907
- All Makes Auto Repair — 8491 Alameda Ave, El Paso, TX 79907
Frequently Asked Questions
What type of property is this?
Auto shop - Enclosed automotive property with 220V power, restrooms, and month-to-month occupancy flexibility.
Where is this auto shop located?
The property is located at 8326 Alameda Ave El Paso, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,528‑square‑foot auto shop property; 220V power service; Perimeter fencing and fenced yard
