4105 Rio Bravo StEl Paso, TX 79902

Property Details for 4105 Rio Bravo St

Year built

1974

Construction

WOOD

Lot size

0.96 AC

Property size (Sq ft)

12,102 SF

Zone code

C3

Property type

Medical offices

Property subtype

Medical centers

APN

E978-999-000E-3000

APU

E978999000E3000

Description

This exceptional Class A, single-story office building, totaling 11,927 square feet, offers a unique leasing opportunity in El Paso, Texas. Currently, 7,290 square feet of versatile space is immediately available, suitable for a variety of uses including executive offices, coworking spaces, medical offices, creative offices, or traditional office setups. The building's convenient location provides easy access to Downtown El Paso, minimizing commute times for employees and clients. All utilities are included in the lease, significantly reducing operational costs. The property boasts ample free parking for tenants and visitors, eliminating parking hassles. Further enhancing its appeal, this location is HubZone certified, making it an ideal choice for government contractors seeking advantageous program participation. On-site janitorial services, including general cleaning and trash removal, are available for added convenience. The building features a state-of-the-art, computerized heating (gas) and cooling (refrigerated) system, ensuring a comfortable and productive work environment, managed for optimal efficiency. Signage opportunities are available both at the suite level and throughout the building and surrounding areas. This is a rare opportunity to secure a well-appointed, fully-serviced office space in a prime El Paso location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,199,115

  6.5%

  $1,106,875

  7%

  $1,027,812

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,013,773

  Geo Method

  $2,013,773

• Alternative Use

  Use

  Valuation

  Residential

  $1,372,525

  Hospitality

  $1,257,226

  Educational

  $1,045,997

  Medical

  $1,081,970

  Retail

  $1,627,106

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7943

Longitude

-106.516

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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