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    2004 Bassett Ave El Paso, TX 79901

    Sponsored
    For Sale
    Contact for pricing

    Multi-tenant warehouse, newly remodeled, excellent location.

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 24,000-square-foot warehouse, located at 2004 Bassett Ave, El Paso, TX 79901, presents a compelling investment opportunity. The single-story building boasts a prime location in El Paso County's industrial area, offering convenient access to downtown. Currently 100% occupied by two tenants, A+ Auto Collision and Durable Metal Products, under a multi-tenant NNN lease commencing November 1, 2024, and expiring November 1, 2029. Recent renovations have significantly enhanced the property's value and appeal. Improvements include fresh exterior paint, upgraded interior lighting, the addition of new office space complete with refrigerated units, new evaporative cooling units, renovated restrooms, and a new storefront. The warehouse features two loading docks and a ceiling height of 13'4". This property offers a stable income stream with significant upside potential due to its strategic location and recent upgrades. The sale is offered directly by the owner. This is a rare opportunity to acquire a well-maintained, fully occupied industrial property in a thriving market. The property consists of two units within a single building.

    Property Features for 2004 Bassett Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    24,000 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • 24,000‑square‑foot warehouse in El Paso, TX.
    • Prime location in El Paso County's industrial area, convenient to downtown.
    • 100% occupied by two tenants under a NNN lease (Nov 1, 2024 - Nov 1, 2029).
    • Recently renovated with exterior paint, upgraded lighting, new office space with refrigeration, new evaporative cooling, renovated restrooms, and a new storefront.
    • Features two loading docks and 13'4" ceiling height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Genpact Business Management Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    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
    -106.4664467
    Latitude
    31.7696041

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    FAQs

    What type of property is this?
    Distribution property - Multi-tenant warehouse, newly remodeled, excellent location.
    Where is this distribution property located?
    The property is located at 2004 Bassett Ave El Paso, TX.
    What are key features of this property?
    This property features: 24,000-square-foot warehouse in El Paso, TX.; Prime location in El Paso County's industrial area, convenient to downtown.; 100% occupied by two tenants under a NNN lease (Nov 1, 2024 - Nov 1, 2029).
    Request Owner's contact information
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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
    2004 Bassett Ave El Paso, TX 79901
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