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    Property profile & analytics

    6720 Doniphan Dr Canutillo, TX 79835-5060

    • Commercial real estate
    • 2,436 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Feb 08, 2024
    Value Estimations
    $305,000
    Show details
    Cap Rate Potential
    9.6%
    Commercial real estate
    Location Intelligence
    Property ID
    US82-4294669
    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

    • Tacos Y Gorditas Garcia / Mexican Restaurant / Latin American Restaurant
    • La Patrona / Mexican Restaurant
    • Chevo's Kitchen / Catering Food And Drink Supplier / Restaurant

    Property Details for 6720 Doniphan Dr

    Year built
    1991
    Lot size
    0.29 lot acres
    Property size
    2,436 SF
    Property type
    Commercial real estate
    APN
    C100-000-0000-012B
    APU
    C1000000000012B

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $400,000
      6.5%
      $370,000
      7%
      $345,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $304,000
      Market price range: $130k - $539k

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

    Location Insight

    • Map
    • Local Demand
    City
    Canutillo
    County
    El Paso
    State
    Texas
    Longitude
    -106.599
    Latitude
    31.9007
    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
    $4,133
    $44,526
    $156,394
    $200,920
    -
    $44,526
    $156,394
    $200,920

    Comparable in this City

    • Value Estimation
      $255,000
      0.19 Acres

      Canutillo, TX 79835

      COMMERCIAL (GENERAL) • 0.19 Acres
      Canutillo, TX 79835
      View Details
    • Value Estimation
      $275,000
      0.67 Acres

      Doniphan Dr

      COMMERCIAL (GENERAL) • 0.67 Acres
      Doniphan Dr, Canutillo, TX 79835
      View Details
    • Value Estimation
      $260,000
      5.77 Acres

      7200 La Junta Dr

      COMMERCIAL MISC • 5.77 Acres
      7200 La Junta Dr, Canutillo, TX 79835-6203
      View Details
    • Value Estimation
      $300,000
      1,380 SF

      401 Canutillo Ave

      SHOW ROOM, WAREHOUSE • 1,380 SF
      401 Canutillo Ave, Canutillo, TX 79835
      View Details
    • Value Estimation
      $265,000
      1,212 SF

      6690 Doniphan Dr

      COMMERCIAL (GENERAL) • 1,212 SF
      6690 Doniphan Dr, Canutillo, TX 79835-5001
      View Details
    • Value Estimation
      $260,000
      400 SF

      8806 Kingsway Dr

      COMMERCIAL (GENERAL) • 400 SF
      8806 Kingsway Dr, Canutillo, TX 79835-9541
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.00 Acres

      4 Acres Commercial Land, Canutillo, TX

      Prime Commercial Land Near Outlet Mall
      0 Talbot Ave, Canutillo, TX 79835
      View Details
    • $1,250,000
      0.81 Acres

      Prime Canutillo Commercial Property

      Spacious Shop, Office, & Storage on .81 Acres
      502 Joe Angel Rd, Canutillo, TX 79835
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    • Contact for pricing
      0.98 Acres

      Prime El Paso Commercial Land

      Exceptional development opportunity near major retail.
      0 Desert Blvd, Vinton, TX 79835
      View Details
    • $1,150,000
      0.81 Acres

      Commercial Shop Space on Large Lot

      Move-in ready shop on .81 acres with secure parking.
      502 Joe Angel Rd, Canutillo, TX 79835
      View Details
    • New
      $2,500,000
      11,500 SF

      Office/Warehouse Property on Doniphan Drive

      Office and warehouse property with frontage on Doniphan Drive.
      7508 Doniphan Dr, Canutillo, TX 79835
      View Details
    • $200,000
      5.11 Acres

      5.11 Acres in Canutillo, TX

      5.11 acres of land with mountain views in Canutillo.
      16 Colonia Vis, Canutillo, TX 79835
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      25,100 SF

      Shops at Outlet Mall Retail Space

      Prime Retail Space, Outlet Mall Location
      7049 Desert Blvd, Canutillo, TX 79835
      View Details
    • Contact for pricing
      6,000 SF

      Talbot Shopping Center: Prime Retail Space

      El Paso Retail Center: 5 Suites, 6,000 SF Available
      0 Talbot Ave, Canutillo, TX 79835
      View Details
    • $14 SF/Yr
      1 SF

      Prime Canutillo Retail Opportunity

      Multiple spaces, 1-3 acres, high traffic.
      0 Desert Blvd, Vinton, TX 79835
      View Details
    • $3,500 /Mo
      32,670 SF

      Commercial Property with Farmhouse

      Spacious lot with farmhouse, workspace, and ample parking.
      6643 Westside Dr, Canutillo, TX 79835
      View Details
    • $2,500 /Mo
      6,098 SF

      Commercial Space in Canutillo, TX

      Warehouse or restaurant space for lease near Doniphan Drive.
      6928 3Rd St, Canutillo, TX 79835
      View Details
    • $1,800 /Mo
      43,560 SF

      Land For Lease in Canutillo

      Land for lease suitable for various commercial uses in Canutillo.
      525 Anthony Ave, Canutillo, TX 79835
      View Details
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    6720 Doniphan Dr
    Canutillo, TX 79835-5060
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    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
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