206 8 St Fabens, TX 79838
This exceptional Class A creative office building, located at 206 8th St SE in Fabens, Texas, presents a unique investment opportunity for owner-users. Built in 2002, the single-story structure sits on a substantial 46,493 square foot lot and offers a total of 6,523 square feet, with 4,000 square feet of net rentable space. Priced at $925,000 ($141.81 per square foot), this property boasts a functional design perfectly suited for multi-tenant occupancy. Originally constructed for a government entity, the building features 18 private offices, a conference room, a training room, a kitchen/break room, and dedicated mechanical, data, and equipment rooms. Four two-bathroom facilities are strategically located in each corner of the building for convenient access. The building is equipped with five 7000 BTU air conditioning units, ensuring comfortable climate control. The reception area provides a welcoming entrance for clients and visitors. This property is ideally suited for a variety of uses, including medical offices, schools, or churches, and is also available for lease. The building's well-maintained condition and ample space make it an attractive option for businesses seeking a functional and private workspace in El Paso County, Texas, zip code 79838.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.