2004 Bassett AveEl Paso, TX 79901
- Other commercial real estate
- 23,760 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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