5824 Doniphan Dr - Specialty FOR SALE


El Paso, TX 79932- Montoya Heights
$899,999 USD
915-295-2757
5824 Doniphan Dr, El Paso, TX for Sale
$899,999 USD
Specialty - FOR SALE
1/1
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:** C-3 General Commercial --- ### **?? Property Overview** An excellent **freestanding commercial property** positioned along one of West El Paso’s busiest and most visible corridors — **Doniphan Drive**. This asset offers exceptional flexibility for both **owner-users** and **value-add investors**, with immediate access to Loop 375, I-10, and the rapidly expanding Westside retail and service hub. Previously operated as an **event and banquet hall**, the property features an open-span layout, high ceilings, abundant parking, and prime frontage exposure. Zoned **C-3**, it supports a wide variety of commercial, retail, entertainment, and mixed-use concepts — making it a highly adaptable opportunity in one of El Paso’s most active development corridors. --- ### **??? Condition & Recent Upgrades** * **New roof and sheathing (2024)** — fully re-rolled with a **new transferable warranty**, ensuring long-term protection and reduced maintenance costs. * **Bathrooms and kitchen areas unfinished**, giving the next owner the opportunity to **customize finishes and layout** to their liking or tenant’s brand concept. * **Large, open interior** with minimal load-bearing walls — perfect for subdivision into multiple units, build-to-suit tenant spaces, or retaining the open floor plan for events and retail. * **Extensive paved parking** and clear site lines from Doniphan Dr. This setup provides a **strong structural foundation** with **creative design flexibility**, giving buyers the best of both worlds: new infrastructure and finish-out freedom. --- ### **?? Surrounding Growth & Market Momentum** The **Doniphan Drive corridor** is undergoing rapid transformation — with multiple **newly built commercial strips, restaurants, car washes, and retail centers** within the past 12–18 months. This surge in activity is expanding the area’s customer base and driving **significant appreciation and traffic visibility**. With strategic positioning and frontage exposure, **5824 Doniphan Dr** sits in the path of growth — offering **endless potential for expansion, added income streams, and long-term value creation** through redevelopment or tenant repositioning. --- ### **?? Investment Highlights** * Freestanding ~7,000 SF C-3 Commercial Building * New Roof (2024) w/ Warranty & Sheathing * Bathrooms + Kitchen Ready for Finish-Out * Rapidly Developing Area with New Retail + Service Businesses * High Traffic Visibility and Access to I-10 / Loop 375 * 0.74 AC Lot — Room for Potential Expansion or Outdoor Use * ARV $1.05 M – $1.25 M | Reconciled ˜ $1.10 M --- ### **?? Alternate Use Opportunities** 1. **Event / Banquet Venue** — Continue current model or reposition for live music, weddings, or conferences. 2. **Fitness / Recreation Center** — Perfect for gym, CrossFit, yoga, martial arts, or trampoline studio. 3. **Showroom / Retail Warehouse** — Ideal for furniture, decor, auto, or appliance brands. 4. **Creative Studio / Production Space** — Convert to coworking, photography, music, or film studio. 5. **Office or Medical Conversion** — Subdivide into professional suites for strong ROI. 6. **Restaurant / Brewery Concept** — Kitchen rough-ins already in place for custom build-out. --- ### **?? Property Facts** | **Feature** | **Details** | | ------------------ | -------------------------------------------------------- | | **Building Area** | ˜ 6,944 SF | | **Lot Area** | ˜ 0.74 AC (32,000 + SF) | | **Zoning** | C-3 General Commercial | | **Roof** | New 2024 with Warranty | | **Condition** | Structurally Sound – Interior Partially Finished | | **Parking** | ± 35–40 Surface Spaces | | **Traffic Counts** | High visibility corridor w/ consistent commercial growth | --- ### **?? Summary** A **rare, large-format West El Paso commercial asset** with a new roof, flexible layout, and major growth momentum all around. Perfect for investors, owner-operators, or developers looking to capitalize on the corridor’s rapid evolution. Finish to your vision and unlock multiple income streams and appreciation upside. **Contact:** **David Arteaga** | NXT Level Real Estate | Broker & Investor ?? For showing appointments or financial package, contact directly.

FOR SALE DETAILS

PRICE

$899,999 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

80

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.