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Corner Lot Building on Highly Trafficked St 523-525 S El Paso St 11,617 SF Vacant Retail Building El Paso, TX 79901 $1,000,000 ($86.08/SF)
Investment Highlights
- Corner Lot Located in Central El Paso
- 2024 Property Taxes: $16,269
- Offers Ample Room For Expansion with a Spacious Second Floor, Basement for Additional Storage
- Frontage on El Paso St and Third Ave
- Great Potential For Your Next Restaurant, Clothing Store, or Bar
Executive Summary
Don't miss out on this excellent commercial property located on a highly trafficked corner lot in the vibrant heart of El Paso. With prime access to both Third Ave and El Paso St., this versatile space is perfect for a wide range of uses, from retail to storage, and offers ample room for expansion with a spacious second floor. The property also includes a basement, providing additional storage or development potential.
Featuring two suites, both currently vacant. Additionally, the property is equipped with three half-bathrooms for convenience.
This is a unique opportunity to own a prime commercial asset in a high-visibility location—ideal for investors or business owners looking to expand in El Paso.
Featuring two suites, both currently vacant. Additionally, the property is equipped with three half-bathrooms for convenience.
This is a unique opportunity to own a prime commercial asset in a high-visibility location—ideal for investors or business owners looking to expand in El Paso.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$42,000
|
$3.62
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$42,000
|
$3.62
|
| Taxes |
$16,269
|
$1.40
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,269
|
$1.40
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $42,000 |
| Annual Per SF | $3.62 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $42,000 |
| Annual Per SF | $3.62 |
| Taxes | |
|---|---|
| Annual | $16,269 |
| Annual Per SF | $1.40 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $16,269 |
| Annual Per SF | $1.40 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,617 SF
Building Class
C
Year Built
1901
Price
$1,000,000
Price Per SF
$86.08
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.78
Lot Size
0.15 AC
Zoning
C4 - This property is zoned C4 in the City of El Paso.
Parking
10 Spaces (0.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Luis Dorado Notary Public
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Luis Dorado Notary Public | Professional, Scientific, and Technical Services | - | - | - |
Walk Score®
Walker's Paradise (94)
Nearby Major Retailers
Property Taxes
| Parcel Number | C050-999-1330-0100 | Total Assessment | $646,705 (2025) |
| Land Assessment | $407,360 (2025) | Annual Taxes | $16,269 ($1.40/SF) |
| Improvements Assessment | $239,345 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
C050-999-1330-0100
Land Assessment
$407,360 (2025)
Improvements Assessment
$239,345 (2025)
Total Assessment
$646,705 (2025)
Annual Taxes
$16,269 ($1.40/SF)
Tax Year
2024
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Corner Lot Building on Highly Trafficked St | 523-525 S El Paso St
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