1816 Zaragoza Rd El Paso, TX 79936
- Strip malls
- 7,200 SF
- 0.89 lot acres
Current Use by Public Records
- Dr. Nima Shayesteh, DMD / Dental Implants Periodontist / Pediatric Dentist
- Flavors of Mae Kong Thai Restaurant / Thai Restaurant
- Dr. Tamir Shams, DMD / Dentist / Cosmetic Dentist
- Dr. Philip Buckler / Dentist
- Dr. Maziar Minoofar / Dentist
Property Details for 1816 Zaragoza Rd
- Year built
- 2007
- Lot size
- 0.89 lot acres
- Property size
- 7,200 SF
- Zone code
- C4
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- W066-999-0020-0900
- APU
- W06699900200900
Description
This exceptional El Paso retail property, located at 1816 N Zaragoza Rd, 79936, offers a prime investment opportunity. The single-story building comprises 7,200 square feet, currently featuring 3,600 square feet of available space. The property is situated in El Paso County, Texas, and is ideally suited for a variety of uses, including retail, restaurant, and medical businesses. The flexible layout allows for customization to meet specific tenant needs. One immediately available space totals 1,200 square feet. A significant portion of the building (3,600 sq ft) is currently vacant, presenting a unique chance to establish a new business or expand an existing one in a high-traffic area. The building's single-story design provides easy accessibility and ample space for both customers and employees. The existing tenant configuration includes a medical space, demonstrating the property's adaptability to diverse business models. This property presents a compelling opportunity for entrepreneurs and investors seeking a well-located retail space in a thriving El Paso market. The address is easily accessible and benefits from high visibility and convenient parking. Contact us to discuss leasing options and explore the potential of this versatile commercial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $760,000
- 6.5%
- $795,000
- 7%
- $800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $655,000
- Geo Method
- $720,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $900,000
- Retail
- $830,000
- Mixed-Use
- $760,000
- Hospitality
- $835,000
- Educational
- $875,000
- Residential Income
- $825,000
- Energy
- $870,000
- Income-Based Land
- $680,000
- Food Service
- $710,000
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.273
- Latitude
- 31.7561
- CBSA code
- 21340
- CBSA name
- EL PASO, TX METROPOLITAN STATISTICAL AREA
