1035 Eastside RdEl Paso, TX 79915

  • Commercial real estate
  • 6,250 SF

Property Details for 1035 Eastside Rd

Year built
1959
Lot size
1.00 AC
Property size (Sq ft)
6,250 SF
Zone code
M1S
Property type
Commercial real estate
APN
E131-999-0030-8100
APU
E13199900308100

Description

This exceptional ±4,000 square foot flex space, part of a newly constructed 8,000 square foot building, is ideally situated in El Paso County's Central submarket at 1035 Eastside Rd, El Paso, TX 79915. The single-tenant property boasts a convenient location with easy access to I-10, offering high visibility and excellent accessibility. Completed in 2025, this one-story building sits on one acre of land and is zoned M1-SC manufacturing. The space features a generous 24-foot clear height, perfect for various uses. Loading and unloading are simplified with one drive-in ramp and two dock doors, making it suitable for warehouse operations, small office spaces, or a combination of both. The property is ready for immediate occupancy, offering a unique opportunity for businesses seeking a modern and functional space in a prime El Paso location. This is a single-tenant occupancy building. The property is part of a larger development, with the entire building totaling 8,000 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $701,845
    6.5%
    $647,857
    7%
    $601,581
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,040,000
    Geo Method
    $1,040,000
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,267,640
    Retail / Commercial
    $651,576
    Mixed-Use / Specialty
    $650,462
    Hospitality / Lodging
    $478,797
    Office
    $647,857
    Institutional / Educational
    $676,650
    Residential Income
    $791,681
    Multifamily
    $942,797
    Automotive / Energy
    $579,986
    Parking / Income-Based Land
    $198,952
    Restaurant / Food Service
    $340,891
    Healthcare / Senior Housing
    $665,797

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7729
Longitude
-106.388
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
$9,924
$105,377
$235,602
$340,979
-
$105,377
$235,602
$340,979

FAQs

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