3402 Durazno AveEl Paso, TX 79905

  • Commercial real estate
  • 34,375 SF
For Lease
$62,400/SF/YR View listing

Property Details for 3402 Durazno Ave

Year built
1948
Lot size
2.71 AC
Property size (Sq ft)
34,375 SF
Zone code
M1
Property type
Commercial real estate
APN
E014-999-0380-0100
APU
E01499903800100

Description

This exceptional 5,300-square-foot warehouse, located at 3402 Durazno Avenue in El Paso, Texas, presents a compelling opportunity for businesses seeking a functional and strategically located industrial space. Built in 1948, this single-tenant property sits on a half-acre lot (0.5 acres) in El Paso County, zip code 79905. The warehouse boasts a ceiling height of approximately 14 feet, offering ample vertical storage capacity. The property features up to four dock doors, facilitating efficient loading and unloading operations. This is a fantastic option for businesses requiring easy access to major transportation routes within the El Paso area. The property is available for lease with a minimum one-year lease term. The property type is industrial, specifically classified as a warehouse. Its central location within El Paso makes it an attractive option for a variety of industrial and storage needs. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property's address is 3402 Durazno Ave, El Paso, TX 79905.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,860,150
    6.5%
    $3,563,210
    7%
    $3,308,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,720,000
    Geo Method
    $5,720,000
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,972,040
    Retail / Commercial
    $3,583,670
    Mixed-Use / Specialty
    $3,577,540
    Hospitality / Lodging
    $2,633,380
    Office
    $3,563,210
    Institutional / Educational
    $3,721,580
    Residential Income
    $4,354,240
    Multifamily
    $5,185,380
    Automotive / Energy
    $3,189,920
    Parking / Income-Based Land
    $1,094,230
    Restaurant / Food Service
    $1,874,900
    Healthcare / Senior Housing
    $3,661,880

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.776
Longitude
-106.453
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
$29,322
$262,819
$797,181
$1,060,000
-
$262,819
$797,181
$1,060,000

FAQs

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