7206 Loop DrEl Paso, TX 79915

  • Strip malls
  • 12,000 SF

Property Details for 7206 Loop Dr

Year built
2013
Construction
CONCRETE BLOCKS
Lot size
1.34 AC
Property size (Sq ft)
12,000 SF
Zone code
C-2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
S658-999-0060-0600
APU
S65899900600600

Description

Valle Verde Plaza, a Class A, single-story building totaling 12,000 square feet, offers exceptional office space in El Paso, Texas. Located at 7206 N Loop Dr, El Paso, TX 79915, near Hawkins Blvd, this 1.35-acre property (58,601 sq ft lot) boasts 8,400 square feet of immediately available space. The building, constructed in 2013, features seven suites, with flexible floor plans ranging from a minimum of 1,200 square feet to a maximum contiguous space of 8,400 square feet. Its C-2 zoning allows for diverse uses, including traditional office, executive office, medical office, coworking, and creative office spaces. The property's location on a high-traffic, three-lane thoroughfare in the heart of East El Paso ensures excellent visibility and accessibility. This multi-tenant retail/office center presents a unique opportunity for businesses seeking a prominent location in a thriving El Paso submarket. The property is situated within the East - El Paso submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,355,280
    6.5%
    $1,251,030
    7%
    $1,161,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,076,670
    Geo Method
    $2,076,670
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,433,880
    Mixed-Use / Specialty
    $1,248,890
    Hospitality / Lodging
    $919,291
    Office
    $1,243,890
    Institutional / Educational
    $1,299,170
    Residential Income
    $1,520,030
    Multifamily
    $1,810,170
    Automotive / Energy
    $1,113,570
    Parking / Income-Based Land
    $381,987
    Restaurant / Food Service
    $654,510
    Healthcare / Senior Housing
    $1,278,330

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7541
Longitude
-106.381
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
2019
$28,798
$140,717
$689,020
$829,737
-
$140,717
$689,020
$829,737

FAQs

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