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1601 Texas Ave

33,486 SF 100% Leased Flex Building El Paso, TX 79901 $2,625,000 ($78/SF) 8.21% Cap Rate

Flex Space Texas El Paso 1601 Texas Ave, El Paso, TX 79901

Investment Highlights

  • Great Location. Solid Concrete Construction. Flex Space. M-1 Zoning. Financing Available. 39,376 Square Feet of Land. Hard Corner

Executive Summary

Perfect for Owner User. Investor. Redevelopment. Opportunity Zone. Multi Use Potential. Presently Operating New and Used Furniture Business. Full Concrete Structure. Financing available at 20% down payment.

Property Facts

Price $2,625,000 Lot Size 0.90 AC
Price Per SF $78 Rentable Building Area 33,486 SF
Sale Type Investment No. Stories 2
Cap Rate 8.21% Year Built 1960
Sale Conditions
Sale Leaseback
  • Lease Option
 Parking Ratio 0.9/1,000 SF
Property Type Flex Clear Ceiling Height 12 FT
Property Subtype
Telecom Hotel/Data Hosting
  • Industrial Food Processing
  • Showroom
  • OfficeLoft Creative Space
 No. Dock-High Doors/Loading 2
Building Class C
Price $2,625,000
Price Per SF $78
Sale Type Investment
Cap Rate 8.21%
Sale Conditions
Sale Leaseback
  • Lease Option
Property Type Flex
Property Subtype
Telecom Hotel/Data Hosting
  • Industrial Food Processing
  • Showroom
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.90 AC
Rentable Building Area 33,486 SF
No. Stories 2
Year Built 1960
Parking Ratio 0.9/1,000 SF
Clear Ceiling Height 12 FT
No. Dock-High Doors/Loading 2

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Bus Line
  • Conferencing Facility
  • Fenced Lot
  • Storage Space
  • Monument Signage
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
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1601 Texas Ave, El Paso, TX - aerial map view
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
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of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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PROPERTY TAXES

Parcel Number C849-999-0520-0100 Improvements Assessment $1,044,499
Land Assessment $241,926 Total Assessment $1,286,425

PROPERTY TAXES

Parcel Number
C849-999-0520-0100
Land Assessment
$241,926
Improvements Assessment
$1,044,499
Total Assessment
$1,286,425

zoning

Zoning Code M1 (Great Location Industrial Commercial Mix Business. New Redevelopment and Repurposing of Neighboring Buildings. Empowerment Zone and Industrially Zoned)
M1 (Great Location Industrial Commercial Mix Business. New Redevelopment and Repurposing of Neighboring Buildings. Empowerment Zone and Industrially Zoned)
(915) 407-4007

Contact

  • Listing ID: 27090450

  • Date on Market: 11/10/2022

  • Last Updated:

  • Address: 1601 Texas Ave, El Paso, TX 79901

More public record information on 1601 Texas Ave, El Paso, TX 79901

The Flex Property at 1601 Texas Ave, El Paso, TX 79901 is currently available for sale. Contact NAI El Paso for more information.

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1609 Texas Ave Survey

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1601 Texas Ave
(915) 407-4007 x

1601 Texas Ave

Noe Moreno

(915) 407-4007

(915) 407-4007

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