1510 Bengal DrEl Paso, TX 79935

Property Details for 1510 Bengal Dr

Year built

1997

Construction

WOOD

Lot size

0.69 AC

Property size (Sq ft)

13,610 SF

Zone code

C2S

Property type

Strip malls

Property subtype

Neighborhood centers

APN

V893-999-2610-1600

APU

V89399926101600

Description

This exceptional restaurant opportunity is located in El Paso, Texas, at 1510 Bengal Dr, near the Vista Del Sol cross street, in the desirable Vista Hills area. The property boasts a substantial 8,000 square feet of space, all currently vacant and ready for immediate occupancy. The building sits on a generous 0.69-acre lot, providing ample space for outdoor seating or expansion. The property is zoned C2, allowing for a variety of commercial uses. The interior is fully equipped, representing a significant cost savings for a new operator. A key feature is an existing balcony/smoking area, adding to the property's appeal and functionality. The address is 1510 Bengal Dr, El Paso, TX 79935. This turnkey restaurant space presents a rare chance to establish or relocate a thriving business in a prime Eastside location. The property's size, equipment, and location combine to offer a compelling investment opportunity. The 0.69-acre lot provides flexibility for future development or expansion. This is a fully equipped restaurant ready for a new owner to step in and begin operations immediately. The C2 zoning provides versatility for various commercial ventures. The convenient location near Vista Hills ensures high visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,537,110

  6.5%

  $1,418,870

  7%

  $1,317,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,355,290

  Geo Method

  $2,355,290

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,760,420

  Mixed-Use / Specialty

  $1,416,450

  Hospitality / Lodging

  $1,042,630

  Office

  $1,410,770

  Institutional / Educational

  $1,473,470

  Residential Income

  $1,723,960

  Multifamily

  $2,053,030

  Automotive / Energy

  $1,262,980

  Parking / Income-Based Land

  $433,237

  Restaurant / Food Service

  $742,323

  Healthcare / Senior Housing

  $1,449,840

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.755

Longitude

-106.326

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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