Property profile

8409 Dyer St El Paso, TX 79904

OFF-MARKET
Commercial real estate
Property ID
US83-3896267
5,081 SF 1.1 ac lot Built 1957
Individually Owned 21-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established Mexican restaurant in Northeast El Paso, Texas. The property, located at 8409 Dyer St, boasts a rich 65-year history and a loyal customer base, making it a turnkey operation ready for immediate ownership. The main building encompasses 5,881 square feet, situated on a spacious 1.1-acre lot, providing ample space for dining and operations. A secondary 800-square-foot building, currently leased, generates additional income. The property features two buildings on a single story, built in 1957, and is zoned C3. The asking price is $2,200,000. This prime location in a high-traffic area offers significant growth potential, making it an attractive investment for owner-users seeking a stable and profitable business. The property's APN is S40199900200100. This is a 100% ownership opportunity. The property's address is 8409 Dyer St, El Paso, TX 79904.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1957
Total area 5,081 SF
Lot 1.1 ac (47,785 SF)
Zoning code C3
APN S401-999-0020-0100
UPID US83-3896267

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Landscaping
  • Restaurant
  • Weight Loss Service

Location

8409 Dyer St El Paso, TX 79904-2803
El Paso metro Census 404 EL PASO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$608k
Blend (final) Blend
$465k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

C3 · El Paso, TX
Top alternative use upside
Retail stores $765,000 +0.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8409 Dyer St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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