1005 Berryville StEl Paso, TX 79928

  • Showrooms
  • 15,190 SF
For Sale
$4,999,999 View listing

Property Details for 1005 Berryville St

Year built
2017
Lot size
15.00 AC
Property size (Sq ft)
15,190 SF
Property type
Showrooms
APN
X579-000-3190-0980
APU
X57900031900980

Description

This exceptional El Paso industrial property, situated on a 15-acre lot, is offered at $4,999,999. The property boasts a 2022-built, two-story building encompassing 16,200 square feet. The building features 5,000 square feet of office space, evenly divided between the two floors, providing ample room for administrative functions. A substantial 11,200 square foot metal warehouse offers efficient space for storage, manufacturing, or distribution. The warehouse includes four loading docks and five dock-high doors, ensuring smooth and efficient operations. The property's expansive lot size allows for potential future expansion or development. Its strategic location in El Paso, Texas (79928), at 1005 Berryville St., offers convenient access to major transportation arteries, optimizing logistics and distribution. The property's APN is X57900031900980. This turnkey industrial facility presents a significant opportunity for businesses seeking a modern, well-equipped space in a prime location. The property consists of one building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,715,560
    6.5%
    $1,583,590
    7%
    $1,470,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,628,720
    Geo Method
    $2,628,720
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,080,880
    Mixed-Use / Specialty
    $1,580,880
    Hospitality / Lodging
    $1,163,670
    Office
    $1,574,550
    Institutional / Educational
    $1,644,530
    Residential Income
    $1,924,100
    Multifamily
    $2,291,370
    Automotive / Energy
    $1,409,600
    Parking / Income-Based Land
    $483,532
    Restaurant / Food Service
    $828,500
    Healthcare / Senior Housing
    $1,618,150

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7145
Longitude
-106.223
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
$27,000
$85,269
$914,731
$1,000,000
-
$85,269
$914,731
$1,000,000

FAQs

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