1515 Goodyear DrEl Paso, TX 79936

Property Details for 1515 Goodyear Dr

Year built

2001

Lot size

1.00 AC

Property size (Sq ft)

7,500 SF

Zone code

PI

Property type

Commercial real estate

APN

V893-999-2900-1500

APU

V89399929001500

Description

This exceptional El Paso industrial property offers 13,600 square feet of versatile space, ideally suited for distribution, manufacturing, or warehouse operations. The property comprises two buildings: one 7,500 square feet and the other 6,100 square feet, situated on a one-acre lot. The buildings feature approximately 1,200 square feet of first-floor office space and an additional 1,000 square feet on the second floor, providing ample administrative space. The property boasts a convenient location in El Paso County, Texas, at 1515 Goodyear Dr., 79936, offering easy access to major transportation arteries including Interstate 10 and Loop 375. Built in 2001 and renovated in 2011, the property includes six grade-level doors and one dock-high door, ensuring efficient loading and unloading. The 18-foot clear height provides ample vertical space for storage and operations. The property is zoned P-I and features a secure, gated, and fully fenced site. The robust electrical system includes 3-phase, 480V, 600-amp heavy power. This turnkey property presents a rare opportunity to acquire a well-maintained and strategically located industrial asset in a thriving El Paso market. The property is offered fee simple.

• CAP approach

  CAP return

  Valuation

  6%

  $842,214

  6.5%

  $777,428

  7%

  $721,898

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,248,000

  Geo Method

  $1,248,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,521,170

  Retail / Commercial

  $781,891

  Mixed-Use / Specialty

  $780,554

  Hospitality / Lodging

  $574,557

  Office

  $777,428

  Institutional / Educational

  $811,980

  Residential Income

  $950,017

  Multifamily

  $1,131,360

  Automotive / Energy

  $695,983

  Parking / Income-Based Land

  $238,742

  Restaurant / Food Service

  $409,069

  Healthcare / Senior Housing

  $798,956

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7471

Longitude

-106.311

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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