8290 Doniphan DrVinton, TX 79821

Property Details for 8290 Doniphan Dr

Year built

2002

Lot size

1.60 AC

Zone code

C-2

Property type

Commercial real estate

APN

V137-000-0010-0100

APU

V13700000100100

Description

This exceptional 0.59-acre commercial lot at 8290 Doniphan Drive in Vinton, Texas, presents a remarkable opportunity for entrepreneurs and investors. Its prime corner location offers excellent visibility and accessibility, making it suitable for a wide range of commercial ventures. The property is currently vacant, providing a blank canvas for development tailored to specific business needs. Potential uses include, but are not limited to, car sales, mechanical equipment sales, or warehouse operations. The expansive space allows for ample room for inventory, display, and customer parking. Prospective buyers are encouraged to independently verify flood zoning and zoning classifications with the relevant authorities to ensure compliance with local regulations and building codes. This property's strategic location and versatility make it an attractive investment with significant growth potential. The asking price is $220,000. Serious inquiries are welcome. Don't miss this chance to secure a valuable commercial property in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,821,590

  6.5%

  $7,219,920

  7%

  $6,704,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,590,100

  Geo Method

  $11,590,100

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $14,127,000

  Retail / Commercial

  $7,261,370

  Mixed-Use / Specialty

  $7,248,960

  Hospitality / Lodging

  $5,335,870

  Office

  $7,219,920

  Institutional / Educational

  $7,540,810

  Residential Income

  $8,822,740

  Multifamily

  $10,506,800

  Automotive / Energy

  $6,463,550

  Parking / Income-Based Land

  $2,217,180

  Restaurant / Food Service

  $3,798,990

  Healthcare / Senior Housing

  $7,419,850

Location Insight

City

Vinton

County

El Paso

State

Texas

Latitude

31.9736

Longitude

-106.604

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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