2004 Bassett Ave El Paso, TX 79901
- Showrooms
- 23,760 SF
- 0.55 lot acres
Current Use by Public Records
- Genpact / Business Management Consultant
Property Details for 2004 Bassett Ave
- Year built
- 1969
- Lot size
- 0.55 lot acres
- Property size
- 23,760 SF
- Zone code
- C4
- Property type
- Showrooms
- APN
- B202-999-0320-3100
- APU
- B20299903203100
Description
This exceptional 24,000-square-foot industrial property located at 2004 Bassett Avenue in El Paso, Texas, presents a unique investment opportunity. The building offers a versatile layout suitable for a variety of uses, including refrigerated/cold storage, manufacturing, flex space, warehousing, distribution, and research & development. Currently configured as a single-tenant space, this property boasts ample square footage to accommodate diverse operational needs. The building includes dedicated office space, enhancing its functionality and appeal to a broad range of businesses. Its prime El Paso location ensures convenient access to major transportation routes, facilitating efficient logistics and distribution. The property also features a substantial parking area, providing ample space for employees, visitors, and delivery vehicles. The zip code is 79901. This property is ideal for businesses seeking a well-maintained, spacious, and strategically located industrial facility in a thriving Texas market. The building's adaptability makes it an excellent choice for companies requiring a flexible and functional workspace. With its combination of warehouse space, office space, and convenient location, this property offers a compelling opportunity for growth and expansion. The total building size is 24,000 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $825,000
- 6.5%
- $830,000
- 7%
- $730,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $680,000
- Geo Method
- $860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $730,000
- Retail
- $705,000
- Mixed-Use
- $905,000
- Hospitality
- $740,000
- Educational
- $730,000
- Residential Income
- $750,000
- Energy
- $725,000
- Income-Based Land
- $770,000
- Food Service
- $740,000
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.466
- Latitude
- 31.7696
- CBSA code
- 21340
- CBSA name
- EL PASO, TX METROPOLITAN STATISTICAL AREA
