Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    5905 Sun Valley Dr El Paso, TX 79924

    • Commercial real estate
    • 9,027 SF
    • 0.99 lot acres
    For Lease
    View listing
    $21 SF/Yr
    Last Sale
    Mar 22, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-6604452
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Speedy's Pizza Sun Valley / Restaurant
    • La Mexicana Sabrosa / Restaurant
    • Sun Valley Laundromat / (Bike/Boat/Book/etc) Store
    • BrainFreeze Daiquiris and Beer / (Bike/Boat/Book/etc) Store / Bar & Pub

    Property Details for 5905 Sun Valley Dr

    Year built
    2021
    Lot size
    0.99 lot acres
    Property size
    9,027 SF
    Zone code
    C3
    Property type
    Commercial real estate
    APN
    N467-999-0010-2200
    APU
    N46799900102200

    Description

    This exceptional retail opportunity is located in a thriving new center in Northeast El Paso, at the intersection of Sun Valley and Dyer. The property is part of a rapidly developing master-planned community encompassing 2,313 acres, projected to include 9,500 single-family and multi-family residential units. This ensures a substantial and growing customer base for your business. The existing tenant mix includes a diverse range of businesses, such as a medical doctor's office, a laundromat, and a pizza restaurant with a drive-through. The available space totals 1,200 square feet and is currently in shell condition, providing flexibility for build-out to suit your specific needs and vision. The property's strategic location offers easy access to Fort Bliss and is situated in the heart of Northeast El Paso's dynamic commercial corridor. This presents a unique chance to establish a presence in a high-growth area with significant long-term potential. The property is classified as retail and land, with multiple tenancies, and comprises one building suite within a larger commercial development in El Paso County. This is an ideal location for businesses seeking to capitalize on the area's expanding residential population and convenient access to major transportation routes and key community amenities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,240,000
      6.5%
      $1,145,000
      7%
      $1,065,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,263,000
      Market price range: $405k - $1.69M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,045,000
      Current use
      RESTAURANT
      $1,300,000
      Change: +24% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,210,000
      Change: +16% Conversion: Difficult
      OFFICE BUILDING
      $955,000
      Change: -8% Conversion: Easy
      RETAIL STORES
      $915,000
      Change: -13% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.402
    Latitude
    31.9105
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $42,469
    $157,008
    $1,302,192
    $1,459,200
    -
    $157,008
    $1,302,192
    $1,459,200

    Comparable in this City

    • Value Estimation by Request
      9.20 Acres

      9150 Gateway Blvd

      Land • 9.20 Acres
      9150 Gateway Blvd, El Paso, TX 79924
      View Details
    • Value Estimation by Request
      11.00 Acres

      Nwq Dyer & Grouse

      Land • 11.00 Acres
      0 Nwq Dyer & Grouse, El Paso, TX 79924
      View Details
    • Value Estimation by Request
      24.54 Acres

      10516 Railroad Dr

      Land • 24.54 Acres
      10516 Railroad Dr, El Paso, TX 79924
      View Details
    • Value Estimation by Request
      0.57 Acres

      9435 Dyer St

      COMMERCIAL (GENERAL) • 0.57 Acres
      9435 Dyer St, El Paso, TX 79924-6407
      View Details
    • Value Estimation by Request
      1,291 SF

      10420 Dyer St

      COMMERCIAL (GENERAL) • 1,291 SF
      10420 Dyer St, El Paso, TX 79924-2706
      View Details
    • Value Estimation by Request
      2,631 SF

      10485 Dyer St

      COMMERCIAL (GENERAL) • 2,631 SF
      10485 Dyer St, El Paso, TX 79924-2716
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9.20 Acres

      El Paso Commercial Land - Gateway Blvd

      9.2-acre commercial lot, US 54 frontage.
      9150 Gateway Blvd, El Paso, TX 79924
      View Details
    • Contact for pricing
      24.54 Acres

      El Paso Commercial Land - 24 Acres

      Prime El Paso commercial land, railroad access.
      10516 Railroad Dr, El Paso, TX 79924
      View Details
    • $340,000
      0.42 Acres

      El Paso Commercial Land: Dyer St.

      0.42-acre C1 zoned lot, $340,000.
      9555 Dyer St, El Paso, TX 79924
      View Details
    • $1,650,000
      16.65 Acres

      Prime El Paso Commercial Land

      16.65 Acres, C-3 Zoning, Multi-Family Potential
      9499 Diana Dr, El Paso, TX 79924
      View Details
    • Contact for pricing

      El Paso Commercial Land - 6.71 Acres

      Prime El Paso location, high traffic, development ready.
      9487 Dyer St, El Paso, TX 79924
      View Details
    • Contact for pricing
      11.00 Acres

      El Paso Commercial Land Investment

      11 Acres, Prime Location, $5/SF
      0 Nwq Dyer & Grouse, El Paso, TX 79924
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Retail Space in Desert Mountain Plaza

      Retail space available in a busy El Paso shopping center.
      4650 Woodrow Bean, El Paso, TX 79924
      View Details
    • $8 SF/Yr
      9,504 SF

      El Paso Medical/Office Space for Lease

      Prime El Paso location, multiple suites available.
      9201 Dyer St, El Paso, TX 79924
      View Details
    • Contact for pricing
      158,833 SF

      North Hills Crossing Retail Space

      Prime El Paso Retail Space Available
      10771 Gateway Blvd, El Paso, TX 79924
      View Details
    • Contact for pricing
      1,419 SF

      El Paso Retail Space Available

      Retail space for lease in Albertsons-anchored shopping center.
      10765 Kenworthy St, El Paso, TX 79924
      View Details
    • Contact for pricing

      Prime Corner Lot Ground Lease

      1.60-acre corner lot in a transit-oriented development.
      9418 Dyer St, El Paso, TX 79924
      View Details
    • Contact for pricing
      1,602 SF

      Paso Village Center Retail Space

      Prime Retail/Office Space Available Now
      9787 Mccombs St, El Paso, TX 79924
      View Details
    Request Owner's contact information
    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.
    5905 Sun Valley Dr
    El Paso, TX 79924
    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
    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

    Google sign-in failed. Please try again or use another login method.