1250 Cliff DrEl Paso, TX 79902

Property Details for 1250 Cliff Dr

Year built

1977

Lot size

1.76 AC

Property size (Sq ft)

54,395 SF

Zone code

C1

Property type

Commercial real estate

APN

X209-999-0000-5700

APU

X20999900005700

Description

Invest in this exceptional Class A medical office building, the Cliff Medical Plaza, located at 1250 E Cliff Dr, El Paso, TX 79902. This five-story building boasts a total of 50,345 square feet and offers multiple tenancy options. Currently, six spaces are available, ranging in size from approximately 682 square feet to 11,291 square feet, perfect for a variety of medical practices. The building features a turnkey imaging center ready for immediate occupancy, ensuring a smooth transition for new tenants. The property is strategically located in El Paso County, within a C-1 C SC zoning district, providing excellent access and high visibility. The contemporary office design is complemented by convenient ancillary amenities in the surrounding area. The building's current tenants represent a diverse range of synergistic medical businesses, creating a thriving and collaborative environment. This is a rare opportunity to acquire a well-established, high-quality medical office building in a desirable El Paso location. The building's size and flexible space options make it ideal for both expansion and consolidation needs. Don't miss this chance to secure a prime asset in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $6,108,300

  6.5%

  $5,638,430

  7%

  $5,235,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,051,330

  Geo Method

  $9,051,330

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $11,032,600

  Retail / Commercial

  $5,670,790

  Mixed-Use / Specialty

  $5,661,100

  Hospitality / Lodging

  $4,167,070

  Office

  $5,638,430

  Institutional / Educational

  $5,889,020

  Residential Income

  $6,890,160

  Multifamily

  $8,205,350

  Automotive / Energy

  $5,047,730

  Parking / Income-Based Land

  $1,731,520

  Restaurant / Food Service

  $2,966,840

  Healthcare / Senior Housing

  $5,794,560

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7764

Longitude

-106.485

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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