5824 Doniphan Dr - Retail FOR SALE


El Paso, TX 79932- Montoya Heights
$788,888 USD
915-295-2757
5824 Doniphan Dr, El Paso, TX for Sale
$788,888 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

5824 Doniphan Dr
El Paso, TX 79932
Montoya Heights


HIGHLIGHTS

  • Strategic Location in a Rapidly Growing Corridor
  • Versatile, Freestanding Building with Zoning Flexibility
  • Major Capital Upgrade with Buyer Customization Opportunity````

OVERVIEW

**5824 Doniphan Dr, El Paso, TX 79932** **ARV Range:** $1.05 M – $1.25 M • **Reconciled Market Value:** ˜ $1.10 M **Building Size:** ± 6,944 SF • **Lot Size:** ± 0.74 AC • **Zoning:** r3 --- ** Property Overview** Positioned along the highly visible Doniphan Drive corridor, this 6,944 SF large-format structure presents a rare opportunity to acquire a substantial, adaptable property with exceptional repositioning potential. Formerly operated as a long-standing event and banquet facility, the building offers an expansive open-span layout, strong structural footprint, and flexible configuration ideal for a variety of creative or income-producing concepts. The seller is motivated and prepared to entertain serious offers, creating a timely window for investors or owner-users seeking scale, visibility, and versatility. Unfinished areas within the property allow the next owner to customize the space to their specific vision — whether for a private venue, studio conversion, group-use facility, redevelopment project, or other adaptive-use strategy. This asset is attractively priced relative to size and location, providing a compelling balance of immediate value and long-term upside. Properties of this scale along Doniphan Drive do not come available often, making this an opportunity well-suited for decisive buyers ready to secure a strategic footprint in a proven corridor. Private showings available. Inquiries encouraged from qualified buyers ready to move forward. David Arteaga Broker #542584 NXT Level Real Estate 915-295-2757

FOR SALE DETAILS

PRICE

$788,888 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

36,982 SF

ZONING

R3

APN/PARCEL ID

X185-999-0000-4500

ASK ABOUT THIS PROPERTY

David ArteagaNXT Level Real EstateMore Info
915-295-2757

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David ArteagaNXT Level Real EstateMore Info
915-295-2757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.