645 Wallenberg DrEl Paso, TX 79912

Property Details for 645 Wallenberg Dr

Year built

2000

Lot size

1.95 AC

Property size (Sq ft)

27,500 SF

Zone code

C4

Property type

Showrooms

APN

M346-999-0050-0250

APU

M34699900500250

Description

This exceptional El Paso, Texas industrial property, the Mesa Hills Business Center, offers flexible warehouse and flex space options in a prime location. Situated on 1.95 acres at 645 Wallenberg Dr, El Paso, TX 79912, this Class B building, constructed in 2000, totals 27,500 square feet. The property is conveniently located off Mesa Hills Drive, directly across from the Westside Natatorium, providing excellent visibility and accessibility. Individual suites range from a minimum of 1,250 square feet to a maximum contiguous space of 2,500 square feet, making it ideal for a variety of businesses. The building features a 14-foot ceiling height, enhancing storage and operational efficiency. Ample parking is available with 66 total spaces. Loading and unloading are facilitated by one common dock and 22 drive-in doors. Three-phase power is provided. The property is zoned C-4 and has an APN of M346-999-0050-0250. This single-building complex offers a unique opportunity for businesses seeking versatile and well-located industrial space in a thriving El Paso neighborhood. The property's convenient location and functional design make it an attractive option for companies seeking efficient operations and easy access to major transportation routes. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $3,105,840

  6.5%

  $2,866,930

  7%

  $2,662,150

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,759,040

  Geo Method

  $4,759,040

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,577,630

  Mixed-Use / Specialty

  $2,862,030

  Hospitality / Lodging

  $2,106,710

  Office

  $2,850,570

  Institutional / Educational

  $2,977,260

  Residential Income

  $3,483,400

  Multifamily

  $4,148,310

  Automotive / Energy

  $2,551,940

  Parking / Income-Based Land

  $875,387

  Restaurant / Food Service

  $1,499,920

  Healthcare / Senior Housing

  $2,929,510

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.8161

Longitude

-106.531

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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