417 Stanton StEl Paso, TX 79901

Property Details for 417 Stanton St

Year built

1950

Construction

CONCRETE BLOCKS

Lot size

0.06 AC

Property size (Sq ft)

2,178 SF

Zone code

C4

Property type

Retail space

APN

C050-999-1360-1300

APU

C05099913601300

Description

This exceptional 2,670 square foot storefront, located at 417 S Stanton St, El Paso, TX 79901, presents a remarkable investment opportunity. Built in 1950, this property boasts a spacious, open floor plan ideal for a variety of retail uses. The asking price is $175,000, translating to an attractive price per square foot of $65.54. Situated on a 2,669 square foot lot, the property is zoned C1, offering flexibility for potential business ventures. Its prime location in El Paso, Texas, ensures high visibility and accessibility for customers. The property's size and location make it an ideal choice for entrepreneurs seeking a well-priced, established retail space in a thriving urban area. The building's age offers potential for renovation and customization to suit specific business needs. This is a rare opportunity to acquire a substantial retail space in a desirable El Paso location at a highly competitive price. Don't miss out on this chance to establish your business in a vibrant and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $317,233

  6.5%

  $292,831

  7%

  $271,914

• Comparable approach

  Method

  Valuation

  Relative Method

  $913,296

  Geo Method

  $913,296

• Alternative Use

  Use

  Valuation

  Residential

  $247,014

  Hospitality

  $226,263

  Educational

  $188,248

  Medical

  $194,722

  Retail

  $292,831

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7552

Longitude

-106.485

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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