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    1220 Texas Ave El Paso, TX 79901

    Sponsored
    For Lease
    Contact for pricing

    Downtown El Paso office, 624 sq ft available.

    Lot size:
    4,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This unique creative office space, totaling 624 square feet, is ideally situated in El Paso's Magoffin Neighborhood, just minutes from the city's downtown core. Located at 1220 Texas Ave, this single-tenant property offers convenient access via Brown St. The building, constructed in 1942, features two stories with varying ceiling heights ranging from 8 to 22 feet, providing a versatile layout. The space includes a dedicated first-floor reception area and commercial frontage on Texas Avenue with a display window, perfect for showcasing your business. Shared amenities include a common unisex restroom and breakroom on the first floor. The upper floor comprises two separate unfurnished offices equipped with ceiling fans and split units for climate control. The property sits on 0.12 acres and has a total building size of 4,050 square feet, with 624 square feet currently vacant. The building's zoning is C4, and the property features a shared lobby/reception entrance with co-tenants. The property has a single-phase power supply and no elevators. Annual property taxes are $1.67 per square foot. Please inquire for lease rate details. The property's APN is 631048, located in El Paso County, Texas, zip code 79901.

    Property Features for 1220 Texas Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,050 SF

    Building Details

    Year Built
    1942
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    624 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    El Paso Project General Contractor Pencil Cup Office ... Office Supply Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness 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
    -106.47712428245
    Latitude
    31.765292659529

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    FAQs

    What type of property is this?
    Office space - Downtown El Paso office, 624 sq ft available.
    Where is this office space located?
    The property is located at 1220 Texas Ave El Paso, TX.
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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
    1220 Texas Ave El Paso, TX 79901
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