5017 Dyer StEl Paso, TX 79930

  • Strip malls
  • 3,472 SF
For Sale
$690,000 View listing

Property Details for 5017 Dyer St

Year built
1995
Lot size
0.25 AC
Property size (Sq ft)
3,472 SF
Zone code
C4
Property type
Strip malls
Property subtype
Neighborhood centers
APN
M794-999-1230-1700
APU
M79499912301700

Description

This exceptional El Paso, Texas retail property, located at 5017 Dyer St, zip code 79930, presents a compelling investment opportunity. The single-story, 3,600 square foot building sits on a 0.251-acre lot and is zoned C-4. Currently operating at 75% occupancy, the property features four individual suites, ideal for a diverse range of tenants. Each suite benefits from basic utilities inclusion. The property's multi-tenant structure provides diversified income streams, making it an attractive option for investors seeking a steady return. The asking price is $690,000, translating to a price per square foot of $191.67. The property's location offers convenient access to local amenities and major roadways, ensuring high visibility and accessibility for tenants. The property is offered as a modified lease, and the APN is M79499912301700. This is a fantastic opportunity to acquire a well-situated retail center in a growing market, catering to the needs of the local community and offering significant potential for long-term growth and profitability. The property is suitable for QSR/Fast Food and other retail businesses. Ample parking is available for customers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $392,127
    6.5%
    $361,963
    7%
    $336,109
  • Comparable approach

    Method
    Valuation
    Relative Method
    $600,850
    Geo Method
    $600,850
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $704,202
    Mixed-Use / Specialty
    $361,345
    Hospitality / Lodging
    $265,981
    Office
    $359,897
    Institutional / Educational
    $375,893
    Residential Income
    $439,795
    Multifamily
    $523,742
    Automotive / Energy
    $322,194
    Parking / Income-Based Land
    $110,522
    Restaurant / Food Service
    $189,372
    Healthcare / Senior Housing
    $369,863

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.8214
Longitude
-106.445
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
$5,355
$54,625
$138,945
$193,570
-
$54,625
$138,945
$193,570

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