11201 Armour DrEl Paso, TX 79935

Property Details for 11201 Armour Dr

Year built

1981

Lot size

7.66 AC

Property size (Sq ft)

23,020 SF

Zone code

PI

Property type

Commercial real estate

APN

V893-999-1130-1800

APU

V89399911301800

Description

This exceptional 45,000 square-foot industrial warehouse, located at 11201 Armour Dr, El Paso, TX 79935, presents a significant opportunity for businesses seeking ample space and convenient access. The single-tenant property offers approximately 4,000 square feet of office space, perfectly complementing the expansive warehouse area. The warehouse boasts impressive dimensions of approximately 119' x 324'6" and 89'6" x 59'6", providing flexibility for various operational layouts. Three dock-high loading docks, equipped with levelers (two 8' x 10', one 10' x 10'), ensure efficient loading and unloading. The warehouse features a ceiling height ranging from 19' to 20', and a column spacing of 29'6" x 29'6", maximizing usable space. A comprehensive sprinkler system is in place for enhanced safety. Strategically situated off Lee Trevino Dr., just one mile north of Interstate-10, this property offers unparalleled accessibility and ease of transportation. The property also includes a private yard, providing ample outdoor space for storage or operations. This warehouse is ideal for warehousing or manufacturing businesses requiring significant space and convenient access to major transportation routes. The combination of size, features, and location makes this property a highly desirable asset in the El Paso market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,585,040

  6.5%

  $2,386,190

  7%

  $2,215,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,830,530

  Geo Method

  $3,830,530

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,668,990

  Retail / Commercial

  $2,399,880

  Mixed-Use / Specialty

  $2,395,780

  Hospitality / Lodging

  $1,763,510

  Office

  $2,386,190

  Institutional / Educational

  $2,492,240

  Residential Income

  $2,915,920

  Multifamily

  $3,472,510

  Automotive / Energy

  $2,136,200

  Parking / Income-Based Land

  $732,779

  Restaurant / Food Service

  $1,255,570

  Healthcare / Senior Housing

  $2,452,260

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7523

Longitude

-106.322

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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