Zoned C3 Retail Building with Two
For Sale
Contact for pricing
9429 Dyer St, El Paso, TX 79924
Two-unit retail building in a C3 zone, renovated in 2000, offering an owner-user or re-leasing path.
Property Size3,370 SF
Price / SF$311.57
Days on Market51
Property Features for 9429 Dyer St
General Information
Standard status
Active
Size
3,370 SF
Property subtype
RETAIL
Zoning
C3
Occupancy
50%
Building Details
Year Renovated
2000
Listing Agency:
SVN | Fortune Real Estate
(915) 355-5177
Listed By:
Landry McKee · License ##650992
(915) 355-5177
Source:
Moodyscre
Added: Jun 16
Changed: Jul 10
Last Checked: Jul 21 at 6:58AM
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 SVN | Fortune Real Estate
Investment Insights
Based on property information with market context.
This for-sale retail building totals 3,370 square feet and is configured as two units. The property was renovated in 2000. Current occupancy is reported at 50%, supporting options for an owner-occupant strategy or re-leasing of available space.
The asset is located at 9429 Dyer St in El Paso, Texas, in the northeast area. Public remarks note nearby national quick-service and restaurant tenants, including Chipotle and Chick-fil-A.
For buyers seeking a retail property they can operate themselves, the two-unit layout offers flexibility in how space can be used day-to-day. For investors or landlords, the reported partial occupancy creates a clear leasing focus for finishing up tenancy across the remaining unit(s). With C3 zoning, the building is positioned for a range of retail and service-oriented uses consistent with that zoning classification.
The asset is located at 9429 Dyer St in El Paso, Texas, in the northeast area. Public remarks note nearby national quick-service and restaurant tenants, including Chipotle and Chick-fil-A.
For buyers seeking a retail property they can operate themselves, the two-unit layout offers flexibility in how space can be used day-to-day. For investors or landlords, the reported partial occupancy creates a clear leasing focus for finishing up tenancy across the remaining unit(s). With C3 zoning, the building is positioned for a range of retail and service-oriented uses consistent with that zoning classification.
Key Highlights
- 3,370 SF two‑unit retail building
- Renovated in 2000
- Zoned C3
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 | $50.6k | $15.00 |
| − Vacancy | −$4.0k | −$1.20 |
| EGI | $46.5k | $13.80 |
| − OpEx | −$14.0k | −$4.14 |
| NOI | $32.6k | $9.66 |
3,370 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$465.1K
$406.9K – $542.6K
NOI $32,554 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.70M
$26.86M – $35.81M
NOI $2,148,891 @ 7.0% cap · market cap 204.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
459k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 35%
Apparel 18%
Groceries 8%
Burlington
Apparel
51,924 visits/mo
0.4 miles
McDonald's
Dining
44,339 visits/mo
0.4 miles
Five Below
Shops & Services
42,379 visits/mo
0.5 miles
Food King
Groceries
24,864 visits/mo
0.3 miles
Ross Dress for Less
Apparel
24,461 visits/mo
0.5 miles
Demographics for 79924, TX
58,721
Population
23,009
Households
2.6
Avg Household Size
36
Median Age
19%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
4,736
Density / Sq Mi
$56,786
Median Household Income
$29,782
Median Earnings
$1,062
Median Rent
$131,200
Median Home Value
Market
Vacancy Rate% for Retail in El Paso, TX
Questions? Ask Rey
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Similar Off Market Nearby
- Northgate Florist — 9429 Dyer St a, El Paso, TX 79924
- Como La Flor Flowers and Balloons — 9411 Dyer St Suite D, El Paso, TX 79924
Frequently Asked Questions
What type of property is this?
Storefront property - Two-unit retail building in a C3 zone, renovated in 2000, offering an owner-user or re-leasing path.
Where is this storefront property located?
The property is located at 9429 Dyer St El Paso, TX.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 3,370 SF two‑unit retail building; Renovated in 2000; Zoned C3
