2601 Missouri AveEl Paso, TX 79903

Property Details for 2601 Missouri Ave

Year built

1951

Lot size

0.21 AC

Property size (Sq ft)

6,020 SF

Zone code

M1

Property type

Showrooms

APN

B202-999-0740-4100

APU

B20299907404100

Description

This single-tenant office building, totaling 5,550 square feet, boasts a prime location in El Paso County, offering exceptional visibility and access to Interstate-10. Situated conveniently off I-10 and Piedras Ave, this property provides easy access to US 54 Downtown El Paso and both the Americas and Paso del Norte international border crossings. The building features a large roll-up door at the rear, perfect for efficient loading and unloading. The space is currently configured as a showroom/warehouse, but the landlord is offering significant pre-lease improvements. Before lease commencement, the landlord will construct a showroom area, bathrooms, and one office. Furthermore, the landlord is open to build-to-suit options for qualified tenants with approved financials, providing flexibility to tailor the space to specific business needs. This presents a unique opportunity for businesses seeking a highly visible and accessible location with potential for customized improvements. The property is a single-story building on one lot, making it an efficient and manageable space. Its strategic location near major transportation arteries and international border crossings makes it an attractive option for a wide range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $876,834

  6.5%

  $809,385

  7%

  $751,572

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,524,354

  Geo Method

  $2,524,354

• Alternative Use

  Use

  Valuation

  Residential

  $682,747

  Hospitality

  $625,392

  Educational

  $520,319

  Medical

  $538,214

  Retail

  $809,385

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7789

Longitude

-106.464

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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