10921 Pellicano DrEl Paso, TX 79935

Property Details for 10921 Pellicano Dr

Year built

1978

Lot size

1.50 AC

Property size (Sq ft)

15,004 SF

Zone code

P1

Property type

Healthcare properties

Property subtype

Medical offices

APN

V893-999-0140-5400

APU

V89399901405400

Description

This exceptional 15,300 square foot traditional office building is located at 10925 Pellicano Drive, El Paso, Texas, 79935, conveniently situated near Lomaland Dr. in El Paso County. The property is currently configured for multiple tenants, offering a flexible layout ideal for a variety of businesses. The building boasts a total of 15,300 square feet, with 450 square feet currently vacant, presenting an immediate opportunity for expansion or new tenancy. This presents a unique chance to acquire a well-established office space in a thriving El Paso location. The property's address is 10921 Pellicano Dr., El Paso, TX 79925. The building's traditional office design provides a classic and professional atmosphere. The available vacant space offers potential for customization to suit specific business needs. The multiple tenancy setup allows for diverse occupancy and potential for increased rental income. This property is an excellent investment opportunity in a desirable El Paso location. Further details regarding lease terms and potential tenant occupancy are available upon request. The property is categorized as a traditional office building and is situated in El Paso County, Texas.

• CAP approach

  CAP return

  Valuation

  6%

  $1,486,656

  6.5%

  $1,372,298

  7%

  $1,274,277

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,496,666

  Geo Method

  $2,496,666

• Alternative Use

  Use

  Valuation

  Residential

  $1,701,650

  Hospitality

  $1,558,702

  Educational

  $1,296,822

  Medical

  $1,341,422

  Retail

  $2,017,278

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7514

Longitude

-106.331

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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