3821 Constitution DrEl Paso, TX 79922

  • Medical offices
  • 11,700 SF
For Lease

Property Details for 3821 Constitution Dr

Year built
2012
Construction
WOOD
Lot size
1.75 AC
Property size (Sq ft)
11,700 SF
Zone code
C4S
Property type
Medical offices
Property subtype
Medical centers
APN
S831-999-001A-0100
APU
S831999001A0100

Description

Ventanas Corporate Center, located at 3821 Constitution Dr, El Paso, TX 79922, offers 92,888 square feet of premium Class A office space in El Paso County. This multi-tenant building features a variety of suite sizes, ranging from a minimum of 1,852 square feet to a maximum contiguous space of 14,095 square feet. Currently, 22,520 square feet are available for lease. The property sits on a 9.256-acre lot and is zoned C-4 (S), making it suitable for a wide range of uses including medical, traditional, executive, coworking, and creative office spaces. The building boasts a highly efficient design for low energy costs and offers prominent company signage opportunities on the building face and monument signs. Tenants enjoy private storefront entrances, private restrooms, and break areas. Ample parking is available with a generous ratio of over 5 spaces per 1,000 square feet. The location provides ideal access to major transportation arteries including I-10, Loop 275, and Sunland Park Drive. This property is perfect for businesses seeking a prestigious and functional office space in a prime El Paso location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,159,283
    6.5%
    $1,070,107
    7%
    $993,671
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,946,880
    Geo Method
    $1,946,880
  • Alternative Use

    Use
    Valuation
    Residential
    $1,326,933
    Hospitality
    $1,215,463
    Educational
    $1,011,251
    Medical
    $1,046,030
    Retail
    $1,573,058
3821 Constitution Dr, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.813
Longitude
-106.552
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
$31,243
$247,532
$881,908
$1,129,440
-
$247,532
$881,908
$1,129,440

FAQs

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