1757 George Dieter DrEl Paso, TX 79936

  • Retail properties
  • 31,200 SF
For Lease

Property Details for 1757 George Dieter Dr

Year built
1998
Lot size
3.58 AC
Property size (Sq ft)
31,200 SF
Zone code
C1
Property type
Retail properties
Property subtype
Strip malls
APN
V893-999-1850-0100
APU
V89399918500100

Description

This exceptional retail opportunity is located at 1757 George Dieter Dr in El Paso, Texas, within the vibrant Village Market. The property offers a total of 31,200 square feet of retail space, currently featuring two available units perfect for a variety of businesses. Each space is adaptable and can accommodate a range of needs, with sizes ranging from 1,200 square feet to 6,000 square feet. The property's location in El Paso County, zip code 79936, provides excellent visibility and accessibility for customers. The "Village Market" designation suggests a thriving commercial environment, potentially benefiting from high foot traffic and established customer base. This multi-tenant building presents a unique chance to establish or expand a retail or restaurant presence in a well-situated El Paso location. The property's classification as both retail and restaurant-suitable indicates versatility in potential tenants. Interested parties are encouraged to inquire for further details regarding lease terms, specific unit availability, and any additional amenities or features. The property's coordinates are 31.7633889 latitude and -106.3028316 longitude, allowing for easy location verification and mapping. This prime retail space offers a strong foundation for business growth in a dynamic market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,544,388
    6.5%
    $4,194,820
    7%
    $3,895,190
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,083,034
    Geo Method
    $13,083,034
  • Alternative Use

    Use
    Valuation
    Residential
    $3,538,488
    Hospitality
    $3,241,236
    Educational
    $2,696,670
    Medical
    $2,789,413
    Retail
    $4,194,820
1757 George Dieter Dr, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7634
Longitude
-106.303
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
$72,761
$1,023,712
$1,476,288
$2,500,000
-
$1,023,712
$1,476,288
$2,500,000

FAQs

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