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    1921 Zaragoza Rd Bldg F El Paso, TX 79938-7980
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    Property profile & analytics

    1921 Zaragoza Rd Bldg F, El Paso, TX 79938-7980

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    • Turn key restaurants
    • 5,066 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Mar 5, 2020
    Property ID
    US82-5938116
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lin's Grand Buffet / Restaurant / Buffet
    • Wingstop / Restaurant
    • Ojos Locos Sports Cantina - El Paso East / Restaurant
    • Urban Base Uniforms / (Bike/Boat/Book/etc) Store
    • Thighstop / Restaurant

    Property Details for 1921 Zaragoza Rd Bldg F

    Year built
    2007
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Zone code
    C4S
    Property type
    Turn key restaurants
    APN
    E350-999-001B-0600
    APU
    E350999001B0600

    Description

    This exceptional single-tenant retail property, known as El Mercado Plaza, presents a unique investment opportunity in the vibrant El Paso, Texas market. Located at 1921 N Zaragoza Rd, zip code 79938, this property boasts a substantial 4,998 square feet of retail space, currently entirely vacant and ready for immediate occupancy. The building sits on a generous 86,074.75 square foot lot, offering ample space for potential expansion or outdoor amenities. The property's classification is Retail, specifically a Shopping Center, making it ideal for a variety of businesses. Its location in El Paso County provides access to a thriving consumer base and excellent visibility along N Zaragoza Rd. The entire 4,998 square feet is available for lease, presenting a blank canvas for a prospective tenant to create their ideal retail space. This is a rare opportunity to secure a sizable, well-located retail property in a growing Texas market. The property's size and location make it an attractive option for businesses seeking high visibility and ample space to operate. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail location offers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $555,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $637,000
      Market price range: $402k - $1.03M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $770,000
      Current use
      AUTO REPAIR, GARAGE
      $680,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.267
    Latitude
    31.7646
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $41,208
    $652,792
    $778,628
    $1,431,420
    -
    $652,792
    $778,628
    $1,431,420
    More about this property
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