24 Concord StEl Paso, TX 79906

Property Details for 24 Concord St

Year built

1985

Property size (Sq ft)

56,976 SF

Zone code

M1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

B853-999-0020-1310

APU

B85399900201310

Description

This ±25,600 square foot distribution center, Suite C at 24 Concord, offers a prime location in the Butterfield Industrial Park. The single-tenant space boasts 5 loading docks, a ±20' clear height, and a spacious layout with ±40' x 40' column spacing. The building features a CTPAT-compliant truck court and a Class IV automatic wet pipe fire suppression system, ensuring security and safety. The ±1,802 square foot office area is equipped with evaporative warehouse cooling and HVAC for optimal comfort. Heating is provided by gas. This property benefits from easy access to major transportation arteries, including I-10 and US Highway 54 (Patriot Freeway), and enjoys close proximity to El Paso International Airport and Fort Bliss. Further advantages include its location within Foreign Trade Zone #68 and flexible lease terms. The space is available for occupancy in November 2024. The total building area is 57,600 square feet. This exceptional distribution center presents a unique opportunity for businesses seeking efficient and strategically located warehouse space in El Paso.

• CAP approach

  CAP return

  Valuation

  6%

  $8,298,752

  6.5%

  $7,660,387

  7%

  $7,113,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,891,632

  Geo Method

  $23,891,632

• Alternative Use

  Use

  Valuation

  Residential

  $6,461,823

  Hospitality

  $5,918,995

  Educational

  $4,924,534

  Medical

  $5,093,897

  Retail

  $7,660,387

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.8151

Longitude

-106.402

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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