6400 Airport RdEl Paso, TX 79925

  • Commercial real estate
  • 12,000 SF

Property Details for 6400 Airport Rd

Year built
1979
Construction
CONCRETE BLOCKS
Lot size
3.72 AC
Property size (Sq ft)
12,000 SF
Property type
Commercial real estate
APN
E378-999-002B-0115
APU
E378999002B0115

Description

This exceptional flex space opportunity is located at 6400 Airport Rd, El Paso, TX 79925, within the Airport Business Center. The property, built in 1974, offers a total of 67,450 square feet across 29 suites, with 11,000 square feet currently available. Units range from a minimum of 1,500 square feet to a maximum contiguous space of 6,500 square feet, providing flexibility for various business needs. The building features 29 convenient drive-in bays, ideal for loading and unloading. While elevators are not present, the single-story design ensures easy accessibility. The property is zoned SCZ-SD4 and enjoys a prime location near the El Paso International Airport, providing excellent access to Interstate 10 and US Highway 54, ensuring convenient transportation links. This is an ideal location for businesses seeking efficient and accessible industrial or flex space in El Paso. The property is classified as industrial with a flex subtype and currently has multiple tenancies. Interested parties should inquire about available space and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,347,540
    6.5%
    $1,243,890
    7%
    $1,155,040
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,996,800
    Geo Method
    $1,996,800
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,433,880
    Retail / Commercial
    $1,251,030
    Mixed-Use / Specialty
    $1,248,890
    Hospitality / Lodging
    $919,291
    Office
    $1,243,890
    Institutional / Educational
    $1,299,170
    Residential Income
    $1,520,030
    Multifamily
    $1,810,170
    Automotive / Energy
    $1,113,570
    Parking / Income-Based Land
    $381,987
    Restaurant / Food Service
    $654,510
    Healthcare / Senior Housing
    $1,278,330

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7926
Longitude
-106.403
CBSA code
21340
CBSA name
EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$35,463
$118,345
$1,163,655
$1,282,000
-
$118,345
$1,163,655
$1,282,000

FAQs

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