5222 Doniphan DrEl Paso, TX 79932

Property Details for 5222 Doniphan Dr

Year built

1964

Construction

WOOD

Lot size

0.21 AC

Property size (Sq ft)

3,070 SF

Zone code

C3

Property type

Retail properties

Property subtype

Retail space

APN

X267-999-S00D-7100

APU

X267999S00D7100

Description

This exceptional investment opportunity presents a fully leased, multi-tenant retail building situated at 5222 Doniphan Dr, El Paso, Texas, 79932. The property boasts 3,070 square feet of net rentable space, distributed across three units, achieving 100% occupancy. Built in 1964 and extensively renovated in 2022, this Class C property offers a stabilized investment with a compelling 6.97% cap rate and a strong net operating income (NOI) of $38,357. The asking price is $550,000, translating to $179.15 per square foot. Conveniently located on a high-traffic corridor, adjacent to the intersection of Thorn and Doniphan Drive, the property benefits from ample rear parking for tenants and customers. The 0.21-acre lot is zoned C-3, providing flexibility for future uses. The property's financial performance is further supported by a 2023 property tax assessment of $6,122.14. This single-story building presents a rare opportunity to acquire a well-maintained, high-performing retail asset in a desirable El Paso location. Detailed financial statements are available upon request. The property's APN is X267999S00D7100.

• CAP approach

  CAP return

  Valuation

  6%

  $447,156

  6.5%

  $412,760

  7%

  $383,277

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,287,337

  Geo Method

  $1,287,337

• Alternative Use

  Use

  Valuation

  Residential

  $348,178

  Hospitality

  $318,929

  Educational

  $265,345

  Medical

  $274,471

  Retail

  $412,760

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.8499

Longitude

-106.583

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].