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5824 Doniphan Dr 7,245 SF Retail Building El Paso, TX 79932 $788,888 ($108.89/SF)
Investment Highlights
- Strategic Location in a Rapidly Growing Corridor
- Major Capital Upgrade with Buyer Customization Opportunity````
- Versatile, Freestanding Building with Zoning Flexibility
Executive Summary
**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 **Seller financing available 20-30% dwn
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** 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. seller financing is available
David Arteaga
Broker #542584
NXT Level Real Estate
915-295-2757
**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 **Seller financing available 20-30% dwn
---
** 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. seller financing is available
David Arteaga
Broker #542584
NXT Level Real Estate
915-295-2757
Property Facts
Sale Type
Investment
Property Type
Building Size
7,245 SF
Building Class
C
Year Built
1989
Price
$788,888
Price Per SF
$108.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.85 AC
Zoning
R3 - r3 city will change to c3 with proper application etc
Parking
40 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
50’ on DONIPHAN DR
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Vista Del Valle Hall
- Arts, Entertainment, and Recreation
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Vista Del Valle Hall | Arts, Entertainment, and Recreation | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | X185-999-0000-4500 | Improvements Assessment | $232,840 |
| Land Assessment | $247,449 | Total Assessment | $480,289 |
Property Taxes
Parcel Number
X185-999-0000-4500
Land Assessment
$247,449
Improvements Assessment
$232,840
Total Assessment
$480,289
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5824 Doniphan Dr
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