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    1300 Murchison Dr El Paso, TX 79902

    Sponsored
    For Lease
    $22 SF/Yr ($8,094 /Mo)

    Modern Medical Office Suites Available Now

    Lot size:
    4,415 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story medical office building, located at 1300 Murchison Drive in El Paso, Texas, 79902, offers a prime opportunity for medical professionals seeking flexible and modern workspace. The building totals 4,415 square feet and is currently 100% vacant, presenting a unique chance to establish a thriving practice in a highly desirable location. Multiple suites are available, ranging in size from a minimum of 137 square feet to a maximum contiguous space of 2,880 square feet, catering to a variety of practice sizes and needs. The building's design is well-suited for medical use, offering ample space for examination rooms, waiting areas, and administrative offices. The property's convenient location in El Paso provides easy access for patients and staff, with excellent visibility and ample parking. This is an exceptional opportunity to secure a well-appointed medical office space in a thriving Texas city. The entire building is available for lease, allowing for a single tenant to occupy the entire space, or multiple tenants can lease individual suites to suit their specific requirements. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at 31.7781732 latitude and -106.4863726 longitude.

    Property Features for 1300 Murchison Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,415 SF
    Total Rate
    8094.17

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Third Floor- Suite 300
    Size
    1,797 SF
    Rate per SF
    $22
    Space
    Third Floor- Suite 315
    Size
    2,481 SF
    Rate per SF
    $22
    Space
    First Floor - Suite 160
    Size
    2,880 SF
    Rate per SF
    $22

    HighLights

    • ±1,797 - 2,880 SF of clinic space available.
    • Located in El Paso's main medical trade area ("Pill Hill"), near major acute care hospitals.
    • 4‑minute drive to Interstate 10.
    • Centrally located in El Paso for convenient patient access.
    • Lease rate: $22.00 PSF NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Anna M. Jezari, ... Obstetrician-Gynecologist El Paso Varicose ... Medical Clinic Monica V Ramirez Optometrist Dr Karin Kline Doctor Bogossian Debra A MD Internist

    Suggested Use

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

    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
    -106.4863726
    Latitude
    31.7781732

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    FAQs

    What type of property is this?
    Medical office - Modern Medical Office Suites Available Now
    Where is this medical office located?
    The property is located at 1300 Murchison Dr El Paso, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: ±1,797 - 2,880 SF of clinic space available.; Located in El Paso's main medical trade area ("Pill Hill"), near major acute care hospitals.; 4-minute drive to Interstate 10.
    Request Owner's contact information
    1300 Murchison Dr El Paso, TX 79902
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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
    1300 Murchison Dr El Paso, TX 79902
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