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    13644 David Dr El Paso, TX 79938

    Sponsored
    For Lease
    $6 SF/Yr ($7,500 /Mo)

    Prime Event Venue - 15,000 sq ft

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a fully operational event center ideally situated in El Paso's rapidly expanding Far East side (zip code 79938). The property encompasses three buildings totaling 15,000 square feet on a generous 2.07-acre lot (89,994 sq ft), offering ample parking. The main building boasts approximately 12,000 square feet of versatile space, perfect for hosting large-scale events such as weddings, quinceañeras, conventions, and religious gatherings. A second building provides a smaller, more intimate setting ideal for birthday parties, holiday celebrations, baby showers, and family reunions. A third building offers adaptable space, potentially serving as an office or residential unit for an on-site manager or caretaker. Located near the intersection of Zaragoza and Montana, this property is zoned N/A. The property's APN is H4870000010200 and H48700000101300, and is located in El Paso County. This is a Triple Net Lease property, currently available for sale at $1,750,000. The substantial size and diverse building configurations present a unique opportunity to establish a thriving multi-event venue in a high-growth area. Don't miss this chance to capitalize on the increasing demand for event spaces in this dynamic El Paso location.

    Property Features for 13644 David Dr

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    7500

    Unit(s) available at that property

    Space
    Size
    15,000 SF
    Rate per SF
    $6

    HighLights

    • Special Purpose Property: 15,000 SF Party Hall on 2.07 acres (89,994 SF lot).
    • Single‑tenant occupancy.
    • Located in the rapidly growing Far East El Paso (zip code 79938), near Zaragoza and Montana Streets.
    • Three buildings: a 12,000 SF main ballroom, a smaller building for intimate events, and an office/apartment.
    • Triple Net Lease available; $1,750,000 sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.210976
    Latitude
    31.8120124

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    FAQs

    What type of property is this?
    Specialty property - Prime Event Venue - 15,000 sq ft
    Where is this specialty property located?
    The property is located at 13644 David Dr El Paso, TX.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Special Purpose Property: 15,000 SF Party Hall on 2.07 acres (89,994 SF lot).; Single-tenant occupancy.; Located in the rapidly growing Far East El Paso (zip code 79938), near Zaragoza and Montana Streets.
    Request Owner's contact information
    13644 David Dr El Paso, TX 79938
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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.

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    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
    13644 David Dr El Paso, TX 79938
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