4150 Rio Bravo StEl Paso, TX 79902

  • Healthcare properties
  • 24,384 SF
For Lease

Property Details for 4150 Rio Bravo St

Year built
1966
Lot size
1.26 AC
Property size (Sq ft)
24,384 SF
Zone code
C4
Property type
Healthcare properties
Property subtype
Medical offices
APN
E978-999-000B-7500
APU
E978999000B7500

Description

This Class A, two-story office building at 4150 Rio Bravo St, El Paso, TX 79902, offers a variety of flexible office spaces ideal for businesses of all sizes. Located in the Epicenter Office Community, this property boasts convenient access to I-10 and Executive Center, ensuring easy commutes for employees and clients. The building totals 24,534 square feet, with multiple tenancy options available. Individual suites range from 415 to 2,139 square feet, with a minimum divisible space of 569 square feet and a maximum contiguous space of 1,302 square feet. Currently, 3,852 square feet of space is vacant and ready for immediate occupancy. The building's versatile design accommodates various office styles, including traditional, executive, medical, and creative office spaces. Its prime location and modern amenities make it an excellent choice for businesses seeking a prestigious and functional workspace in El Paso, Texas. The property is situated in El Paso County and offers a convenient and accessible location for businesses seeking a central location within the city. This is a rare opportunity to secure high-quality office space in a thriving business community. Contact us today to learn more about available suites and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,416,064
    6.5%
    $2,230,213
    7%
    $2,070,912
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,057,498
    Geo Method
    $4,057,498
  • Alternative Use

    Use
    Valuation
    Residential
    $2,765,464
    Hospitality
    $2,533,150
    Educational
    $2,107,552
    Medical
    $2,180,033
    Retail
    $3,278,413
4150 Rio Bravo St, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7943
Longitude
-106.513
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
$23,493
$518,673
$330,622
$849,295
-
$518,673
$330,622
$849,295

FAQs

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