2004 Bassett AveEl Paso, TX 79901

  • Other commercial real estate
  • 23,760 SF
For Sale

Property Details for 2004 Bassett Ave

Year built
1969
Lot size
0.55 AC
Property size (Sq ft)
23,760 SF
Zone code
C4
Property type
Other commercial real estate
Property subtype
Showrooms
APN
B202-999-0320-3100
APU
B20299903203100

Description

This exceptional 24,000-square-foot industrial property located at 2004 Bassett Avenue in El Paso, Texas, presents a unique investment opportunity. The building offers a versatile layout suitable for a variety of uses, including refrigerated/cold storage, manufacturing, flex space, warehousing, distribution, and research & development. Currently configured as a single-tenant space, this property boasts ample square footage to accommodate diverse operational needs. The building includes dedicated office space, enhancing its functionality and appeal to a broad range of businesses. Its prime El Paso location ensures convenient access to major transportation routes, facilitating efficient logistics and distribution. The property also features a substantial parking area, providing ample space for employees, visitors, and delivery vehicles. The zip code is 79901. This property is ideal for businesses seeking a well-maintained, spacious, and strategically located industrial facility in a thriving Texas market. The building's adaptability makes it an excellent choice for companies requiring a flexible and functional workspace. With its combination of warehouse space, office space, and convenient location, this property offers a compelling opportunity for growth and expansion. The total building size is 24,000 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,460,727
    6.5%
    $3,194,517
    7%
    $2,966,337
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,963,233
    Geo Method
    $9,963,233
  • Alternative Use

    Use
    Valuation
    Residential
    $2,694,694
    Hospitality
    $2,468,326
    Educational
    $2,053,618
    Medical
    $2,124,245
    Retail
    $3,194,517
2004 Bassett Ave, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7696
Longitude
-106.466
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
$12,039
$57,120
$845,876
$902,996
-
$57,120
$845,876
$902,996

FAQs

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