Property profile

1228 Wyoming Ave El Paso, TX 79901

FOR LEASE
Commercial real estate
Property ID
US82-2642226
2,880 SF 0.11 ac lot Built 1956
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,580-square-foot executive office space is ideally situated at 1228 Wyoming Avenue in El Paso, Texas, zip code 79902. The property, built in 1956, offers a single-tenant occupancy opportunity within a building zoned C4 - SP. The entire space is currently vacant and ready for immediate lease. The property type is classified as both retail and office, making it versatile for a variety of businesses. Its location in El Paso County provides convenient access to the city's amenities and transportation networks. The building's total square footage is 3,580 square feet, all of which is available for lease. This presents a unique chance to secure a substantial, single-tenant office space in a well-established area. The property's address is 1228 Wyoming Ave, El Paso, TX 79902, with coordinates 31.7687863 latitude and -106.4800962 longitude. This presents a rare opportunity for a business seeking a prominent location in El Paso. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. Interested parties should inquire promptly to secure this desirable space.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1956
Total area 2,880 SF
Lot 0.11 ac (4,800 SF)
Zoning code C-4
APN F607-999-0230-4100
UPID US82-2642226

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

1228 Wyoming Ave El Paso, TX 79901
El Paso metro Census 2202 EL PASO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2017
4 recorded transactions
2019
Price N/A
2017
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

C-4 · El Paso, TX
Zoning description

"C-4" Commercial District "C-5" Central Business District C. Industrial and Manufacturing Districts. Light Industrial Districts "M-1" Light Manufacturing District Heavy Industrial Districts "Q" Quarry District "M-2" Heav…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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