1220 Texas AveEl Paso, TX 79901

Property Details for 1220 Texas Ave

Year built

1942

Construction

WOOD

Lot size

0.12 AC

Property size (Sq ft)

4,050 SF

Zone code

C4

Property type

Other commercial real estate

Property subtype

Showrooms

APN

B781-999-0010-0100

APU

B78199900100100

Description

This unique creative office space, totaling 624 square feet, is ideally situated in El Paso's Magoffin Neighborhood, just minutes from the city's downtown core. Located at 1220 Texas Ave, this single-tenant property offers convenient access via Brown St. The building, constructed in 1942, features two stories with varying ceiling heights ranging from 8 to 22 feet, providing a versatile layout. The space includes a dedicated first-floor reception area and commercial frontage on Texas Avenue with a display window, perfect for showcasing your business. Shared amenities include a common unisex restroom and breakroom on the first floor. The upper floor comprises two separate unfurnished offices equipped with ceiling fans and split units for climate control. The property sits on 0.12 acres and has a total building size of 4,050 square feet, with 624 square feet currently vacant. The building's zoning is C4, and the property features a shared lobby/reception entrance with co-tenants. The property has a single-phase power supply and no elevators. Annual property taxes are $1.67 per square foot. Please inquire for lease rate details. The property's APN is 631048, located in El Paso County, Texas, zip code 79901.

• CAP approach

  CAP return

  Valuation

  6%

  $589,897

  6.5%

  $544,520

  7%

  $505,626

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,698,278

  Geo Method

  $1,698,278

• Alternative Use

  Use

  Valuation

  Residential

  $459,323

  Hospitality

  $420,737

  Educational

  $350,049

  Medical

  $362,087

  Retail

  $544,520

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7651

Longitude

-106.477

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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