Property profile & analytics
717 San Antonio Ave El Paso, TX 79901-2519
- Office buildings
- 46,080 SF
- 0.18 lot acres
OFF-MARKET
Value Estimations
$1,850,000
Cap Rate Potential
Location Intelligence
Property ID
US82-4777078
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.
Current Use by Public Records
- Law Office of Carlos Cardenas / Law Firm
- Abraham Sib / Law Firm
- Annex Bail Bonds / Law Firm
- A Quick Bail Bonds / Law Firm
- Dan Lozada Photography & Storyfilms / Photography Service / (Bike/Boat/Book/etc) Store
Property Details for 717 San Antonio Ave
- Year built
- 1910
- Lot size
- 0.18 lot acres
- Property size
- 46,080 SF
- Zone code
- C4H
- Property type
- Office buildings
- APN
- C050-999-2100-0100
- APU
- C05099921000100
Description
This historic six-story, 46,080 square foot office building, located at 717 E San Antonio Ave, El Paso, TX 79901, presents a unique investment opportunity. Built in 1910 and extensively renovated in 2022, the property boasts a blend of Beaux-Arts, Renaissance, and Sullivanesque architectural styles, featuring arched windows, geometric terra cotta, and charming balconies. Currently housing 10 tenants across 48 units, the building offers 30,486 net rentable square feet with a 60.63% occupancy rate. The asking price is $3,200,000, translating to $69.44 per square foot, significantly below replacement cost. The property benefits from a strong pro-forma NOI of $369,840 and a pro-forma cap rate of 11.56%. Situated in a prime downtown location between the IRS building and the Federal Courthouse, this Class C building is zoned C-4H and offers potential for restoration tax incentives. The 7,754 square foot lot has no air rights. The gross lease structure and multi-tenant occupancy provide a stable income stream. This is a rare chance to acquire a landmark property with significant upside potential in a thriving urban core. The building's rich history and architectural significance, combined with its strong financial performance and prime location, make it an exceptional investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.482
- Latitude
- 31.7596
- 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
$37,521
$310,160
$989,840
$1,300,000
-
$310,160
$989,840
$1,300,000
