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Property profile & analytics
FOR SALE
Commercial real estate

2022 Murchison Dr El Paso, TX 79902

18,380 SF 0.62 ac lot Built 1980
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-4118268
Property summary
AI-generated overview

This exceptional mixed-use property, located at 2022 Murchison Dr, El Paso, TX 79902, presents a unique investment opportunity. The 14,285 square foot building sits on a 27,000 square foot lot and offers a blend of executive, medical, and traditional office spaces, making it ideal for a variety of uses. Priced at $2,990,000, this translates to $209.31 per square foot. The building boasts 69 total parking spaces, including 38 convenient covered spaces located underground. Its prime location in central El Paso offers easy access to I-10 and places it adjacent to the Hospitals of Providence Sierra Campus, ensuring high visibility and accessibility. The move-in ready spaces are perfect for medical professionals, dentists, or other office tenants. This property represents a strong investment in a thriving El Paso location. The building's size and ample parking make it a highly desirable asset in a competitive market. The combination of its central location, convenient amenities, and versatile space makes this a compelling opportunity for discerning investors.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 18,380 SF
Lot 0.62 ac (26,998 SF)
Zoning code AOS
APN H453-999-0170-6700
UPID US82-4118268
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Samuel Favela Physician
  • Rosario Nadorra Physician
  • Dr. Edward Leyva Pediatrician Physician
  • Dr. Luis Salayandia Physician
  • Dr. Franchesca Cruz Perez Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.55M
Blend (final) Blend
$1.82M
Owner & transaction history
2022 Murchco LLC · 9 yrs held
2022 Murchco LLC
since 2017
3 recorded transactions
2020
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
AOS · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.7M +39.3%
Auto repair, garage $2.5M +29.4%
Retail stores $2.4M +23.6%
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