5858 Gateway BlvdEl Paso, TX 79905

Property Details for 5858 Gateway Blvd

Year built

1970

Construction

WOOD

Lot size

0.45 AC

Property size (Sq ft)

6,333 SF

Zone code

C-1

Property type

Medical offices

Property subtype

Medical centers

APN

W813-999-0020-1700

APU

W81399900201700

Description

This exceptional 13,000-square-foot industrial property, situated in San Antonio's central business district near US 281, presents a unique investment opportunity. The property encompasses approximately 0.8 acres of land (43,560 square feet), offering a substantial 6,141 square feet of immediately available space within a larger 13,000 square foot building. The property features four buildings, all single-story with 10-12 foot ceilings, and includes a renovated office building. The site boasts a large drop yard, five drive-in doors, one dock-high door, and ample parking for 16 vehicles. Built in 1965 and renovated in 2024, this Class C property benefits from a 620-foot frontage on Essesx and convenient highway access. The flexible zoning (I-1) allows for a variety of industrial uses, making it ideal for businesses requiring both warehouse and office space. The property is divided into two suites, with a minimum divisible space of 6,141 square feet and a maximum contiguous space of 6,141 square feet. Annual property taxes are $2.50 per square foot. This location offers unparalleled access to major transportation routes and the vibrant San Antonio CBD. The secure perimeter and newly constructed parking lot enhance the property's overall appeal and functionality.

• CAP approach

  CAP return

  Valuation

  6%

  $627,499

  6.5%

  $579,230

  7%

  $537,856

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,053,811

  Geo Method

  $1,053,811

• Alternative Use

  Use

  Valuation

  Residential Income

  $718,245

  Hospitality / Lodging

  $657,909

  Institutional / Educational

  $547,372

  Healthcare / Senior Housing

  $566,197

  Retail / Commercial

  $851,468

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7796

Longitude

-106.417

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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