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    3905 Durazno Ave El Paso, TX 79905

    For Lease
    $5 SF/Yr ($1,927 /Mo)

    Flexible Office Suites, Ideal Location

    Lot size:
    4,552 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional El Paso, Texas office property presents a unique investment opportunity. Comprising two buildings totaling 4,552 square feet on a 0.34-acre lot (14,998 square feet), this Class C property offers unparalleled flexibility. Built in 1991, the buildings are currently entirely vacant and available for immediate occupancy. The space is divisible, with a minimum leasable area of 1,652 square feet and a maximum contiguous space of 2,900 square feet, catering to a variety of business needs. Its versatile design is suitable for traditional office setups, coworking spaces, or creative office environments. The property boasts a prime location in El Paso, offering a short commute to the downtown area and convenient proximity to the international bridge, ensuring excellent accessibility for both employees and clients. Previously utilized as office space and truck storage, this property presents a blank canvas for customization, allowing tenants to tailor the space to their specific operational requirements. The asking rent is $3,900 per month. This is a rare opportunity to secure a well-located, adaptable office space in a thriving El Paso market. The property's size and configuration make it ideal for a single large tenant or multiple smaller businesses. Don't miss this chance to establish your business in a strategic and convenient location.

    Property Features for 3905 Durazno Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,552 SF
    Class
    C
    Total Rate
    1927.01

    Building Details

    Year Built
    1991
    Buildings
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,652 SF
    Rate per SF
    $5
    Space
    Available Space 1
    Size
    2,900 SF
    Rate per SF
    $13

    HighLights

    • 4,552 SF office building with two structures on a 0.34‑acre lot (14,998 SF).
    • Multiple tenancy available, with spaces ranging from 1,652 SF to 2,900 SF contiguous.
    • Entire 4,552 SF building currently vacant.
    • Class C building constructed in 1991, located in El Paso County.
    • Suitable for traditional office, coworking, or creative office uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.4458671
    Latitude
    31.776763

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    FAQs

    What type of property is this?
    Office space - Flexible Office Suites, Ideal Location
    Where is this office space located?
    The property is located at 3905 Durazno Ave El Paso, TX.
    What is the lease rate?
    The lease rate is $5-$13 SF/Yr.
    What are key features of this property?
    This property features: 4,552 SF office building with two structures on a 0.34-acre lot (14,998 SF).; Multiple tenancy available, with spaces ranging from 1,652 SF to 2,900 SF contiguous.; Entire 4,552 SF building currently vacant.
    Request Owner's contact information
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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
    3905 Durazno Ave El Paso, TX 79905
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