11020 Argal CtEl Paso, TX 79935

Property Details for 11020 Argal Ct

Year built

1987

Lot size

0.54 AC

Property size (Sq ft)

8,364 SF

Zone code

C4S

Property type

Commercial real estate

APN

V893-999-0140-7325

APU

V89399901407325

Description

This exceptional 11,484-square-foot industrial warehouse, situated on Argal Ct in El Paso, Texas, presents a compelling investment or lease opportunity. The single-story building boasts approximately 900 square feet of dedicated office space, perfect for administrative functions. A significant advantage is the inclusion of a recently installed, state-of-the-art paint booth fire suppression system, representing a $50,000 investment in safety and operational compliance. Maintenance is up-to-date, featuring a recently serviced roof and a newly resurfaced parking lot, ensuring a move-in-ready condition. The property includes one ground-level loading dock for efficient material handling. Located in El Paso County, with a convenient zip code of 79935, this warehouse benefits from its proximity to Interstate 10, only 1.8 miles away, providing seamless access to major transportation arteries. The property is zoned C4 SC, making it suitable for a variety of industrial and potentially retail uses. This turnkey solution offers ample parking and is ready for immediate occupancy. The building is a single-unit structure on a single building lot. This is an exceptional opportunity to acquire a well-maintained and strategically located industrial property in a thriving El Paso market.

• CAP approach

  CAP return

  Valuation

  6%

  $939,237

  6.5%

  $866,988

  7%

  $805,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,391,770

  Geo Method

  $1,391,770

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,696,410

  Retail / Commercial

  $871,965

  Mixed-Use / Specialty

  $870,474

  Hospitality / Lodging

  $640,746

  Office

  $866,988

  Institutional / Educational

  $905,521

  Residential Income

  $1,059,460

  Multifamily

  $1,261,690

  Automotive / Energy

  $776,160

  Parking / Income-Based Land

  $266,245

  Restaurant / Food Service

  $456,193

  Healthcare / Senior Housing

  $890,996

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7515

Longitude

-106.328

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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