Office or Single-Family Home, High Visibility 2134 Cypress Ave
2,049 SF Vacant Office Building El Paso, TX 79905 £154,262 (£75.29/SF)
INVESTMENT HIGHLIGHTS
- Property Can be Converted into a Double-Office Space, or Dwelling Space
- Located Less Than One Mile from Interstate 10 and Half-Mile from Border Highway
- Also considered a Residential Duplex
- Frontage to Cypress Ave, Across the Street from Chamizal Community Center and Library
- 2024 Property Taxes: $9,009
- Building Remodeled as of 2018
EXECUTIVE SUMMARY
This versatile property offers incredible potential for both business and residential use! Ideally located just one mile from Interstate 10 and the Border Highway, it’s perfect for your next office space or investment opportunity. With an existing layout featuring two kitchens, two living rooms, and four bedrooms, it’s easily convertible into a duplex, or double office spaces – simply close off the connecting door for a seamless split. The property is well-maintained, offers ample parking, and is centrally located at Cypress and Piedras. Additional features include handicap accessibility, a safety railing, and a recent remodel, ensuring it's in excellent condition. This property presents the ideal space for both single-family living or a lucrative duplex conversion. Don't miss out on this prime investment opportunity!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
£6,949
|
£3.39
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£6,949
|
£3.39
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,049 SF
Building Class
B
Year Built/Renovated
1910/2018
Price
£154,262
Price Per SF
£75.29
Percent Leased
Vacant
Number of Floors
1
Typical Floor Size
2,049 SF
Building FAR
0.14
Lot Size
0.34 AC
Zoning
C-1 - This property is zoned C-1, El Paso Zoning allows for Airbnb use as well.
Parking
5 Spaces (2.44 Spaces per 1,000 SF Leased)
AMENITIES
- Wheelchair Accessible
1 of 1
PROPERTY TAXES
| Parcel Number | B202-999-000B-5500 | Total Assessment | £267,726 (2023) |
| Land Assessment | £32,656 (2023) | Annual Taxes | £6,949 (£3.39/sf) |
| Improvements Assessment | £235,069 (2023) | Tax Year | 2024 |
