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    1601 Magoffin Ave Unit, Unit 103 El Paso, TX 79901

    For Lease
    $800 /Mo ($0.32 SF/Yr)

    COMMERCIAL - El Paso, TX

    Lot size:
    0.69 Acres
    Days on Market:
    322
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 1601 Magoffin Ave Unit

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    M1
    APN
    C84999906900102
    Parking features
    Guest, Assigned
    Fireplace
    1
    Lot size
    0.69 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Central

    Building Details

    Floors in Building
    3

    Cornerstone Realty (915) 355-2335 [email protected]

    Listing agent Henry Guillen (915) 328-0345

    Listing date Jan 18, 2025

    Copyright © 2025 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Suites in El Paso

    The property features modern office suites in a completely renovated building with new flooring, lights, paint, and modern structures. The office suites are private spaces offered in a variety of sizes to accommodate tenant needs. Shared spaces include areas to greet guests or clients, plus an open shared kitchen area. The building provides refrigerated air, Wi-Fi, and ample parking space for tenants and visitors. Located in central El Paso, the building is close to major streets and local shops, making it an ideal location for growing businesses. The lot size is 0.69 acres. The property is zoned M1.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.471119
    Latitude
    31.766084

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    FAQs

    What type of property is this?
    Office space - Modern office suites with shared spaces in central El Paso.
    Where is this office space located?
    The property is located at 1601 Magoffin Ave Unit, Unit 103 El Paso, TX.
    What is the lease rate?
    The lease rate is $0.32 SF/Yr.
    What are key features of this property?
    This property features: - Completely renovated with MODERN flooring, lights, paint, structures & fixings.; - Variety of private office suite sizes available.; - Shared spaces for guest reception and kitchen use.
    (915) 328-0345
    Request Owner's contact information
    1601 Magoffin Ave Unit, Unit 103 El Paso, TX 79901
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    El Paso, TX 79901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Magoffin Ave Unit, Unit 103 El Paso, TX 79901
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