6101 Gateway BlvdEl Paso, TX 79925

  • Commercial real estate
  • 137,332 SF

Property Details for 6101 Gateway Blvd

Year built
2003
Lot size
13.32 AC
Property size (Sq ft)
137,332 SF
Zone code
C3S
Property type
Commercial real estate
APN
B220-999-0010-2150
APU
B22099900102150

Description

Bassett Place, a prominent retail shopping center in El Paso, Texas, offers an exceptional leasing opportunity. Located at 6101 Gateway Blvd W, 79925, this expansive center boasts a total of 738,744 square feet of retail space. Currently, there are 93,489 square feet of vacant space available, offering flexible options for prospective tenants. The property is situated in El Paso County and provides a range of unit sizes to accommodate diverse business needs. Spaces range from a minimum of 643 square feet to a maximum contiguous space of 47,005 square feet, allowing for businesses of various scales to find a suitable fit. The multiple tenancy structure of Bassett Place ensures a vibrant and diverse shopping environment, attracting a significant customer base. This prime location in El Paso offers excellent visibility and accessibility, making it an ideal choice for retailers seeking to establish or expand their presence in a thriving market. The property's substantial size and flexible space options present a unique opportunity for businesses to secure a prominent position within a well-established and successful retail center. Contact us today to explore the available spaces and discover the potential of Bassett Place.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,421,700
    6.5%
    $14,235,400
    7%
    $13,218,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,852,000
    Geo Method
    $22,852,000
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $27,854,100
    Retail / Commercial
    $14,317,200
    Mixed-Use / Specialty
    $14,292,700
    Hospitality / Lodging
    $10,520,700
    Office
    $14,235,400
    Institutional / Educational
    $14,868,100
    Residential Income
    $17,395,700
    Multifamily
    $20,716,200
    Automotive / Energy
    $12,744,100
    Parking / Income-Based Land
    $4,371,590
    Restaurant / Food Service
    $7,490,430
    Healthcare / Senior Housing
    $14,629,600

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7835
Longitude
-106.41
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
$276,623
$7,945,228
$2,054,772
$10,000,000
-
$7,945,228
$2,054,772
$10,000,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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