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5824 Doniphan Dr 7,245 SF Retail Building El Paso, TX 79932 $788,888 ($108.89/SF)

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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
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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.
David Arteaga
Broker #542584
NXT Level Real Estate
915-295-2757

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
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
Parking
40 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
50’ on DONIPHAN DR

NEARBY MAJOR RETAILERS

Walmart Neighborhood Market
Starbucks
Pure Barre
Albertsons
The Little Gym

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
X185-999-0000-4500
Land Assessment
$247,449
Improvements Assessment
$232,840
Total Assessment
$480,289
  • Listing ID: 38362261

  • Date on Market: 11/6/2025

  • Last Updated:

  • Address: 5824 Doniphan Dr, El Paso, TX 79932

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