218 Main StFabens, TX 79838

Property Details for 218 Main St

Year built

1920

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

950 SF

Property type

Commercial real estate

APN

F082-000-0060-0800

APU

F08200000600800

Description

This exceptional commercial property at 218 W Main St, Fabens, TX, presents a remarkable investment opportunity. Priced at $199,950, this single-story building offers a generous 5,350 square feet of interior space, ideal for a variety of commercial uses. The property sits on a 0.14-acre lot and benefits from a highly visible Main Street location, ensuring excellent exposure for your business. The interior features high ceilings and ample natural lighting, creating a bright and inviting atmosphere. Significant storage is available thanks to two stories of wooden racking, perfect for inventory management. Two well-appointed office spaces provide ample room for administrative tasks and business operations. A concrete driveway provides convenient access for loading and unloading, enhancing operational efficiency. The building offers both front and back entryways, providing flexibility and convenience for customers and staff. This versatile space is well-suited for retailers, wholesalers, or service providers seeking a prominent location with substantial space and storage. Don't miss this chance to establish your business in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $106,680

  6.5%

  $98,474.20

  7%

  $91,440.40

• Comparable approach

  Method

  Valuation

  Relative Method

  $158,080

  Geo Method

  $158,080

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $192,682

  Retail / Commercial

  $99,039.50

  Mixed-Use / Specialty

  $98,870.20

  Hospitality / Lodging

  $72,777.20

  Office

  $98,474.20

  Institutional / Educational

  $102,851

  Residential Income

  $120,336

  Multifamily

  $143,305

  Automotive / Energy

  $88,157.90

  Parking / Income-Based Land

  $30,240.60

  Restaurant / Food Service

  $51,815.40

  Healthcare / Senior Housing

  $101,201

Location Insight

City

Fabens

County

El Paso

State

Texas

Latitude

31.5041

Longitude

-106.16

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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