1386 Zaragoza RdEl Paso, TX 79936

  • Commercial real estate
  • 5.94 AC
For Lease
$1.50/SF/YR View listing

Property Details for 1386 Zaragoza Rd

Lot size
5.94 AC
Property type
Commercial real estate
APN
G300-999-0010-0200
APU
G30099900100200

Description

This exceptional commercial land offering presents a unique opportunity for businesses seeking a strategic location in El Paso County. Situated on Zaragoza Road, this property boasts convenient access to major transportation routes and is ideally positioned next to Frontier Roofing Supply Company. The available land parcels range from one to five acres, providing flexibility for various development projects. The site features approximately 237 feet of frontage on Zaragoza Road and approximately 250 feet on Pullman Drive. Utilities are readily available, including water, sewer, and electricity, simplifying the development process. The land itself is level, clean, and compacted, ready for immediate use. Its C-4 Commercial zoning allows for a wide range of commercial and industrial uses, making it suitable for businesses such as car washes, logistics companies, and warehousing facilities. The owner is open to considering build-to-suit options, offering a tailored approach to meet specific development needs. This is an exceptional opportunity to secure a prime location in a thriving area of El Paso County. Contact us today to explore the possibilities and discuss your development plans. This property is zoned C-4 Commercial 4 and is located in El Paso County, with cross streets of Henry Brennan, Zaragoza Road, and Pullman Drive.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,041,300
    6.5%
    $26,807,400
    7%
    $24,892,600
  • Comparable approach

    Method
    Valuation
    Relative Method
    $43,033,700
    Geo Method
    $43,033,700
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $52,453,300
    Retail / Commercial
    $26,961,300
    Mixed-Use / Specialty
    $26,915,200
    Hospitality / Lodging
    $19,811,900
    Office
    $26,807,400
    Institutional / Educational
    $27,998,800
    Residential Income
    $32,758,600
    Multifamily
    $39,011,600
    Automotive / Energy
    $23,999,000
    Parking / Income-Based Land
    $8,232,330
    Restaurant / Food Service
    $14,105,600
    Healthcare / Senior Housing
    $27,549,700

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7312
Longitude
-106.295
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
$14,891
$91,710
-
$91,710
-
$91,710
-
$91,710

FAQs

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