13351 Tobacco RdEl Paso, TX 79938

  • Commercial real estate
  • 4,674 SF

Property Details for 13351 Tobacco Rd

Year built
1989
Lot size
0.94 AC
Property size (Sq ft)
4,674 SF
Property type
Commercial real estate
APN
X579-000-2260-1716
APU
X57900022601716

Description

This 11,552 square foot warehouse, located at 13351 Tobacco Rd, El Paso, Texas 79938, presents a significant opportunity. Previously utilized as an awning manufacturing facility, this property boasts a 15-foot clear height, providing ample vertical space for various industrial uses. Constructed in 1988, the building features a fenced yard, adding to its security and functionality. Utilities include water, sewer, and propane heat. The office area benefits from refrigerated cooling, while the warehouse utilizes evaporative cooling for efficient temperature management. The property is currently available following a Chapter 7 bankruptcy proceeding. Its strategic location in El Paso County, Texas, offers convenient access to transportation routes and a skilled workforce. This warehouse is well-suited for businesses requiring substantial space and a functional layout. The property's existing infrastructure and features provide a solid foundation for a variety of industrial operations. Serious inquiries are encouraged to explore the potential of this versatile industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $524,868
    6.5%
    $484,493
    7%
    $449,887
  • Comparable approach

    Method
    Valuation
    Relative Method
    $777,754
    Geo Method
    $777,754
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $947,995
    Retail / Commercial
    $487,274
    Mixed-Use / Specialty
    $486,441
    Hospitality / Lodging
    $358,064
    Office
    $484,493
    Institutional / Educational
    $506,026
    Residential Income
    $592,051
    Multifamily
    $705,061
    Automotive / Energy
    $433,737
    Parking / Income-Based Land
    $148,784
    Restaurant / Food Service
    $254,932
    Healthcare / Senior Housing
    $497,909

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.8181
Longitude
-106.222
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
$8,469
$17,027
$377,538
$394,565
-
$17,027
$377,538
$394,565

FAQs

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