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1601 Texas Ave

33,486 SF 100% Leased Light Industrial Building El Paso, TX 79901 £2,053,931 (£61/SF) 8.21% Net Initial Yield

Investment Highlights

  • Great Location. Solid Concrete Construction. Flex Space. M-1 Zoning. Financing Available. 39,376 Square Feet of Land. Hard Corner

Executive Summary

Perfect for Owner User. Investor. Redevelopment. Opportunity Zone. Multi Use Potential. Presently Operating New and Used Furniture Business. Full Concrete Structure. Financing available at 20% down payment.

Property Facts

Price £2,053,931 Lot Size 0.90 AC
Price Per SF £61 Rentable Building Area 33,486 SF
Sale Type Investment Number of Floors 2
Net Initial Yield 8.21% Year Built 1960
Sale Conditions
Sale & Leaseback
  • Tenants option to buy property
 Parking Ratio 0.9/1,000 SF
Property Type Light Industrial Clear Ceiling Height 12 ft
Property Subtype
Data Centre
  • Industrial Food Processing
  • Showroom
  • OfficeLoft Creative Space
 No. Dock-High Doors/Loading 2
Building Class C
Price £2,053,931
Price Per SF £61
Sale Type Investment
Net Initial Yield 8.21%
Sale Conditions
Sale & Leaseback
  • Tenants option to buy property
Property Type Light Industrial
Property Subtype
Data Centre
  • Industrial Food Processing
  • Showroom
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.90 AC
Rentable Building Area 33,486 SF
Number of Floors 2
Year Built 1960
Parking Ratio 0.9/1,000 SF
Clear Ceiling Height 12 ft
No. Dock-High Doors/Loading 2

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Bus Route
  • Conferencing Facility
  • Fenced Lot
  • Storage Space
  • Monument Signage
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
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1601 Texas Ave, El Paso, TX - aerial map view
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number C849-999-0520-0100 Improvements Assessment £817,268
Land Assessment £189,295 Total Assessment £1,006,563

PROPERTY TAXES

Parcel Number
C849-999-0520-0100
Land Assessment
£189,295
Improvements Assessment
£817,268
Total Assessment
£1,006,563

zoning

Zoning Code M1 (Great Location Industrial Commercial Mix Business. New Redevelopment and Repurposing of Neighboring Buildings. Empowerment Zone and Industrially Zoned)
M1 (Great Location Industrial Commercial Mix Business. New Redevelopment and Repurposing of Neighboring Buildings. Empowerment Zone and Industrially Zoned)
(915) 407-4007

Contact

  • Listing ID: 27090450

  • Date on Market: 10/11/2022

  • Last Updated:

  • Address: 1601 Texas Ave, El Paso, TX 79901

The Light Industrial Property at 1601 Texas Ave, El Paso, TX 79901 is currently available for sale. Contact NAI El Paso for more information.

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1601 Texas Ave, El Paso, TX for sale Building Photo- Image 1 of 5
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1601 Texas Ave, El Paso, TX for sale Interior Photo- Image 2 of 5
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1609 Texas Ave Survey

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1601 Texas Ave
(915) 407-4007 x

1601 Texas Ave

Noe Moreno

(915) 407-4007

(915) 407-4007

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