150 Darrington RdHorizon City, TX 79928

Property Details for 150 Darrington Rd

Year built

2014

Lot size

0.88 AC

Property size (Sq ft)

7,200 SF

Zone code

C2C

Property type

Strip malls

Property subtype

Neighborhood centers

APN

C955-000-0010-0300

APU

C95500000100300

Description

This exceptional 4,800-square-foot retail space is ideally situated at 150 Darrington Rd in El Paso County, Colorado. Currently vacant and ready for immediate occupancy, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The building's generous 4,800 square feet offers ample space for a variety of retail concepts, allowing for flexible layout and design to suit individual needs. The property is zoned C-2, providing flexibility for a wide range of commercial uses. This zoning designation opens doors to various business opportunities, making it an attractive investment for entrepreneurs and established businesses alike. The property's location within El Paso County offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The single-tenant occupancy eliminates the complexities of multi-tenant management, providing a streamlined and efficient operational environment. This turnkey solution allows businesses to focus on their core operations without the burden of extensive renovations or property management issues. The property's size and zoning make it suitable for a diverse range of retail businesses, from boutiques and specialty stores to larger-scale retail operations. This presents a rare opportunity to establish a strong presence in a thriving market. Interested parties are encouraged to inquire promptly to secure this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $813,167

  6.5%

  $750,615

  7%

  $697,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,246,000

  Geo Method

  $1,246,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,460,330

  Mixed-Use / Specialty

  $749,332

  Hospitality / Lodging

  $551,574

  Office

  $746,331

  Institutional / Educational

  $779,501

  Residential Income

  $912,016

  Multifamily

  $1,086,100

  Automotive / Energy

  $668,144

  Parking / Income-Based Land

  $229,192

  Restaurant / Food Service

  $392,706

  Healthcare / Senior Housing

  $766,998

Location Insight

City

Horizon City

County

El Paso

State

Texas

Latitude

31.6815

Longitude

-106.199

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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