1022 Berryville StEl Paso, TX 79928

Property Details for 1022 Berryville St

Year built

2020

Lot size

5.00 AC

Property size (Sq ft)

6,400 SF

Property type

Commercial real estate

APN

X579-000-3190-1260

APU

X57900031901260

Description

This exceptional 1.67-acre commercial land parcel, located at 1022 Berryville St, El Paso, Texas 79928, presents a unique investment opportunity. The property boasts a substantial 72,900 square feet of land, zoned for County use, offering significant flexibility for a wide range of commercial ventures. Its single-tenant zoning allows for focused development and streamlined operations. The expansive area provides ample space for vehicle access, parking, and potential outdoor displays, making it particularly well-suited for businesses requiring significant space, such as trucking companies, construction storage facilities, or outdoor storage operations. The property's prime location in El Paso County ensures excellent accessibility and visibility, maximizing its potential for success. This versatile lot allows businesses the room to grow and thrive. Flexible lease terms are available to accommodate diverse business needs. This is an exceptional opportunity to secure a strategically located commercial property in a thriving El Paso market. Contact us today to learn more about this remarkable property and its potential.

• CAP approach

  CAP return

  Valuation

  6%

  $718,689

  6.5%

  $663,406

  7%

  $616,019

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,064,960

  Geo Method

  $1,064,960

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,298,070

  Retail / Commercial

  $667,214

  Mixed-Use / Specialty

  $666,073

  Hospitality / Lodging

  $490,288

  Office

  $663,406

  Institutional / Educational

  $692,890

  Residential Income

  $810,681

  Multifamily

  $965,424

  Automotive / Energy

  $593,906

  Parking / Income-Based Land

  $203,726

  Restaurant / Food Service

  $349,072

  Healthcare / Senior Housing

  $681,776

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7163

Longitude

-106.229

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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