241 Vinton RdAnthony, TX 79821

Property Details for 241 Vinton Rd

Year built

2005

Lot size

1.72 AC

Property type

Commercial real estate

APN

V863-000-0010-0600

APU

V86300000100600

Description

This exceptional 1.72-acre commercial land parcel presents a remarkable opportunity for entrepreneurs and established businesses alike. Located at 241 Vinton Rd in Anthony, Texas, this property boasts a highly desirable Commercial zoning designation, opening doors to a wide array of development possibilities. Imagine a thriving retail space, a modern office complex, or a strategically located industrial facility – the potential is vast. The property's prime location offers unparalleled accessibility, with convenient access to I-10 ensuring high visibility and significant traffic exposure, ideal for attracting customers and clients. Development is further simplified by the readily available water and sewer connections located directly in the street, minimizing infrastructure costs and expediting the construction process. This level lot is perfect for new construction projects or expansion of existing businesses, providing a blank canvas for your vision. Situated in El Paso County, Texas, with a 79821 zip code, this property offers a strategic location within a growing community. The asking price is $330,000. Don't miss this chance to secure a prime piece of commercial real estate in a thriving Texas market.

• CAP approach

  CAP return

  Valuation

  6%

  $8,413,490

  6.5%

  $7,766,300

  7%

  $7,211,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,467,200

  Geo Method

  $12,467,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $15,196,100

  Retail / Commercial

  $7,810,880

  Mixed-Use / Specialty

  $7,797,530

  Hospitality / Lodging

  $5,739,670

  Office

  $7,766,300

  Institutional / Educational

  $8,111,470

  Residential Income

  $9,490,420

  Multifamily

  $11,301,900

  Automotive / Energy

  $6,952,690

  Parking / Income-Based Land

  $2,384,970

  Restaurant / Food Service

  $4,086,490

  Healthcare / Senior Housing

  $7,981,360

Location Insight

City

Vinton

County

El Paso

State

Texas

Latitude

31.9599

Longitude

-106.6

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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