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$450,000

9459 Dyer St, El Paso, TX, 79924

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About this property

Located on one of the strongest commercial stretches of Dyer Street in Northeast El Paso, this C-3-zoned site has 20,000 square feet of unimproved land. It's well suited for a medical or professional office user, and a building of up to 3,500 square feet is permitted, subject to applicable approvals. Build-to-suit is available, so a user can get a facility designed around its own operational needs. Cross-access and cross-parking agreements are in place, which gives customers and patients more parking options. Established traffic generators surround the site, including Starbucks and McDonald's. A 100-room hotel and a national quick-service restaurant are planned right next door. Directly across the street, El Paso Shopping Center is anchored by Ross, Burlington, Five Below, and dd's Discounts. Daiso, Walmart, Lowe's, Sam's Club and other retailers are nearby. More than 76,000 people reportedly live within a three-mile radius, and TxDOT reports traffic counts above 25,000 vehicles per day.

Investor Tools

$0Estimated Mortgage Balance
$269,945Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Anibal Olague

Cap Rate Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

City: El Paso

9459 Dyer St | Property Details | No Agent List