217 Stanton StEl Paso, TX 79901

  • Retail space
  • 9,240 SF

Property Details for 217 Stanton St

Year built
1961
Construction
WOOD
Lot size
0.12 AC
Property size (Sq ft)
9,240 SF
Zone code
C5
Property type
Retail space
APN
M473-999-0360-2950
APU
M47399903602950

Description

This exceptional three-story retail building, totaling 13,860 square feet, is ideally situated at 217 S Stanton St in the heart of downtown El Paso, Texas, zip code 79901. Currently entirely vacant, this single-tenant property presents a unique opportunity for a business seeking a prominent location with significant space. The building's substantial square footage allows for versatile configurations to suit a wide range of retail operations. Its prime downtown location offers high visibility and accessibility, benefiting from substantial foot traffic and proximity to other businesses and amenities. The address, 217 S Stanton St, places the property within a vibrant commercial district, ensuring excellent exposure to potential customers. The building's three stories provide ample space for both retail display and back-of-house operations. With its entire 13,860 square feet available, this property is ready for immediate occupancy and customization to meet the specific needs of a new tenant. This is a rare chance to secure a substantial retail presence in a thriving Texas city. The property is classified as commercial retail and is available for lease. Its geographic coordinates are 31.7568941 latitude and -106.4856363 longitude. This presents a compelling investment opportunity for businesses seeking a strong foothold in the El Paso market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,345,838
    6.5%
    $1,242,312
    7%
    $1,153,576
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,874,591
    Geo Method
    $3,874,591
  • Alternative Use

    Use
    Valuation
    Residential
    $1,047,937
    Hospitality
    $959,904
    Educational
    $798,629
    Medical
    $826,095
    Retail
    $1,242,312

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7569
Longitude
-106.486
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
$7,884
$241,920
$31,251
$273,171
-
$241,920
$31,251
$273,171

FAQs

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