Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    803 Sunland Park Dr El Paso, TX 79912

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    El Paso retail space, high traffic area.

    Lot size:
    5,600 SF

    Property Features for 803 Sunland Park Dr

    General Information

    Property type
    Retail properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,600 SF
    Class
    B
    Total Rate
    751.33

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 803 Sunland Park Dr, El Paso, TX 79912 Contact us
    Unit Available Space 1

    $1.61 /Mo

    Size
    1,400 SF
    Contact us

    We can help!

    Listing Contact
    Maryam Roland

    Listing Agency: Royal Carpet Real Estate Listing Agent: Maryam Roland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail opportunity is located at 803 Sunland Park Dr, El Paso, TX 79912. The property, known as 803 Sunland Plaza, is a single-story, Class B building constructed in 2005, totaling 5,600 square feet. Currently, 2,800 square feet of retail space is available for lease, with a minimum divisible unit of 1,400 square feet. The building features a total of two suites and ample parking with 40 spaces. Its prime location directly across from The Shoppes at Solana, and within the same parking lot as Best Buy, ensures high visibility and foot traffic. Surrounded by major retailers like Target and Office Depot, this property benefits from a strong retail environment and a high volume of destination shoppers. The property is zoned C-3, offering flexibility for various retail uses. The APN is C81599900100100. This is an ideal investment for businesses seeking high visibility and a strong customer base in a thriving El Paso retail district. Space is available from 1,400 to 2,800 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    THE RUIZ AGENCY by ... Insurance Agency GRLPWR Women's Only ... Gym & Fitness Center Dollar Tree Discount Store Deal-2-Deal Custom Homes, ... Construction Company L.A Nails Spa Nail Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.54885771495
    Latitude
    31.817186462717

    Nearby Similar for Lease

    • $27 SF/Yr
      48,352 SF

      High-Traffic Retail Space Available

      Prime retail suites in high-visibility, high-traffic El Paso location.
      14500 Pebble Hills Blvd, El Paso, TX 79938
      View Details
    • $750 /Mo
      93,654 SF

      Professional Office Suite in El Paso

      Executive office suite with amenities in West El Paso.
      5915 Silver Springs Dr, El Paso, TX 79912
      View Details
    • New
      $3,100 /Mo
      5,663 SF

      Gated Commercial Property with Parking

      Commercial property with refrigerated air, gated, private parking, and courtyard.
      2313 Montana Ave, El Paso, TX 79903
      View Details
    • $550 /Mo
      9,583 SF

      El Paso Professional Office Space

      Modern office space with amenities in a high-traffic location.
      10105 Montwood Dr, El Paso, TX 79925
      View Details
    • $27 SF/Yr
      48,352 SF

      High-Traffic Retail Space Available

      Prime retail suites in high-visibility, high-traffic El Paso location.
      14500 Pebble Hills Blvd, El Paso, TX 79938
      View Details
    • New
      $7 SF/Yr
      28,750 SF

      El Paso Flex Warehouse

      Flex warehouse with office space and high ceilings available for rent.
      2401 Alameda Ave, El Paso, TX 79901
      View Details
    • New
      $325 /Mo
      6,098 SF

      Victorian Office Suites For Rent

      Unique office spaces in a Victorian building near Downtown El Paso.
      1127 Wyoming Ave, El Paso, TX 79902
      View Details
    • New
      $1,080 /Mo
      12,197 SF

      El Paso Office Space For Rent

      Unique, budget-friendly office space near I-10 and Downtown El Paso.
      2001 Magoffin Ave, El Paso, TX 79901
      View Details
    • $2,850 /Mo
      5,227 SF

      Remodeled Commercial Space on Montana

      Versatile, remodeled commercial space on Montana Ave, El Paso, TX.
      4506 Montana Ave, El Paso, TX 79903
      View Details
    • $2,000 /Mo
      6,970 SF

      El Paso Office Space Available

      Unique office space in central El Paso for lease.
      3601 Tularosa Ave, El Paso, TX 79903
      View Details
    • $30 SF/Yr
      24,829 SF

      El Paso Office Suites Available

      Professionally managed office suites with shared amenities in El Paso.
      1817 Wyoming Ave, El Paso, TX 79903
      View Details
    • $5,000 /Mo
      43,560 SF

      El Paso Commercial/Industrial Property

      Flexible commercial/industrial space for lease in East El Paso.
      12851 Veta Rica Ave, El Paso, TX 79938
      View Details

    FAQs

    What type of property is this?
    Retail property - El Paso retail space, high traffic area.
    Where is this retail property located?
    The property is located at 803 Sunland Park Dr El Paso, TX.
    What is the lease rate?
    The lease rate is $1.61 SF/Yr.
    What are key features of this property?
    This property features: 803 Sunland Plaza, a 5,600 SF single-story Class B retail building in El Paso, TX.; 2,800 SF of retail space available for lease, divisible to 1,400 SF minimum.; High visibility location across from The Shoppes at Solana, sharing parking with Best Buy, near Target and Office Depot.
    (915) 727-3944 Call to check price and availability
    Request Owner's contact information
    803 Sunland Park Dr El Paso, TX 79912
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    803 Sunland Park Dr
    El Paso, TX 79912
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    803 Sunland Park Dr El Paso, TX 79912
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Maryam Roland
    Real Estate License ID: 0703795
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!