Downtown El Paso Mixed-Use
904 S Stanton Street El Paso, TX 79901
904 S Stanton Street, El Paso, TX, 79901
$415,000
For Sale
$415,000
Mixed-use property with retail and warehouse space in downtown El Paso.
Property Size1,928 SF
Lot Size0.17 Acres
Price / SF$215.25
Days on Market703
Property Features for 904 S Stanton Street
General Information
- Standard status
- Active
- Size
- 1,928 SF
- Lot size
- 0.17 Acres
- Property subtype
- Commercial/Industrial
Listing Agency
GDP Realty
(915) 217-7339
Listed by
Alberto Candia · License #0705448
(915) 217-7339
Source
Exitrealty
Added: Aug 13, 2024 Checked: Jul 16 at 7:06 am
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 GDP Realty
Investment Insights
Based on property information with market context.
Located in downtown El Paso, this property features four retail spaces on the first level and a 1928-square-foot warehousing space on the second level. It includes private parking for nine vehicles, accessible from both the main street and an alley. Roll-up dock doors and a basement provide additional storage. The exterior has been recently painted. The property benefits from high pedestrian and vehicle traffic. There is sufficient outdoor space for additional construction. The property has been approved for the city's downtown re-development fund matching program, making it a great investment opportunity.
Key Highlights
- Prime downtown El Paso location with high pedestrian and vehicle traffic.
- Approved for City's downtown re‑development fund matching.
- Four retail spaces on the first level.
Local Financial Insights For Mixed Use
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 | $41.6k | $21.60 |
| − Vacancy | −$5.0k | −$2.59 |
| EGI | $36.6k | $19.01 |
| − OpEx | −$13.7k | −$7.13 |
| NOI | $22.9k | $11.88 |
1,928 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$327.2K
$286.3K – $381.8K
NOI $22,905 @ 7.0% cap · market cap 5.52%
Second Best
Retail
$312.3K
$273.3K – $364.4K
NOI $21,864 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$483.7K
$423.2K – $564.3K
NOI $33,858 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail and warehouse space in downtown El Paso.
Where is this mixed-use property located?
The property is located at 904 S Stanton Street El Paso, TX.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Prime downtown El Paso location with high pedestrian and vehicle traffic.; Approved for City's downtown re‑development fund matching.; Four retail spaces on the first level.
