3624 Joe Battle BlvdEl Paso, TX 79938

  • Strip malls
  • 9,200 SF

Property Details for 3624 Joe Battle Blvd

Year built
2022
Construction
WOOD
Lot size
1.07 AC
Property size (Sq ft)
9,200 SF
Zone code
C4
Property type
Strip malls
Property subtype
Neighborhood centers
APN
T289-999-0010-0160
APU
T28999900100160

Description

This exceptional retail opportunity presents four 1,200 square foot spaces within a brand-new shopping center situated on Joe Battle Boulevard in far East El Paso County. The property boasts a prime location between Montana Avenue and Edgemere Boulevard, benefiting from high visibility and significant traffic counts. This high-growth area is experiencing substantial new development, ensuring a strong and expanding customer base. Each unit is ideal for medical, retail, or office use, offering versatile options for prospective tenants. The center's strategic placement provides easy access and high exposure on Joe Battle Boulevard. The surrounding area features a vibrant mix of established businesses, including numerous restaurants, hotels, and offices, creating a synergistic environment for success. The total building size is 7,200 square feet, with the four available units offering a combined 4,800 square feet. Lease terms are negotiable, making this an attractive proposition for a variety of businesses. Don't miss this chance to secure a space in this thriving commercial hub.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,039,050
    6.5%
    $959,120
    7%
    $890,611
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,592,120
    Geo Method
    $1,592,120
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,865,970
    Mixed-Use / Specialty
    $957,480
    Hospitality / Lodging
    $704,790
    Office
    $953,645
    Institutional / Educational
    $996,029
    Residential Income
    $1,165,350
    Multifamily
    $1,387,800
    Automotive / Energy
    $853,739
    Parking / Income-Based Land
    $292,857
    Restaurant / Food Service
    $501,791
    Healthcare / Senior Housing
    $980,053

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7997
Longitude
-106.267
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
$30,247
$701,985
$348,682
$1,050,667
-
$701,985
$348,682
$1,050,667

FAQs

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