1137 Barranca DrEl Paso, TX 79935

Property Details for 1137 Barranca Dr

Year built

1991

Construction

WOOD

Lot size

1.27 AC

Property size (Sq ft)

2,574 SF

Zone code

C4

Property type

Commercial real estate

APN

V893-999-0120-3500

APU

V89399901203500

Description

This exceptional 15,702-square-foot warehouse, located at 1137 Barranca Dr, El Paso, TX 79935, presents a compelling investment opportunity. Completely renovated in 2024, the property boasts a prime location just one block north of Interstate 10, offering easy access to major transportation routes. The building features sturdy cinder block construction, a generous 18-foot ceiling height, and three dock-high doors with three loading docks. The 1.27-acre lot is zoned C-4. Inside, discover over 2,500 square feet of newly renovated office space, complete with five private offices, a conference room, and a break room. All mechanical systems, including HVAC and electrical, are brand new. The warehouse is currently vacant and available for immediate occupancy. This Class B industrial property offers a unique blend of functionality and modern amenities, making it ideal for a variety of businesses. The asking price is $1,700,000, translating to $108.27 per square foot. This is a rare opportunity to acquire a fully renovated, strategically located warehouse in a thriving El Paso market. The property's proximity to Interstate 10 and its modern features make it an attractive option for businesses seeking efficient operations and convenient access to major transportation networks. The property's APN is V89399901203500.

• CAP approach

  CAP return

  Valuation

  6%

  $289,048

  6.5%

  $266,813

  7%

  $247,755

• Comparable approach

  Method

  Valuation

  Relative Method

  $428,314

  Geo Method

  $428,314

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $522,067

  Retail / Commercial

  $268,345

  Mixed-Use / Specialty

  $267,886

  Hospitality / Lodging

  $197,188

  Office

  $266,813

  Institutional / Educational

  $278,672

  Residential Income

  $326,046

  Multifamily

  $388,281

  Automotive / Energy

  $238,861

  Parking / Income-Based Land

  $81,936.20

  Restaurant / Food Service

  $140,392

  Healthcare / Senior Housing

  $274,202

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7499

Longitude

-106.334

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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