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12110 FREIGHT LANE Lane, El Paso, TX 79936
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$730,000
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Home Details for 12110 FREIGHT LANE Lane
Price
$730,000
Type
Commercial/Industrial
Lot Size
0.5
County
El Paso
Tax
$12,165
MLS®️ Listing#
916967
On exitrealty.com
271 days
Property Description
SYNOPSIS: Possibilities are endless with this perfect location for high performance office suites tailored to your own business niche. Ideally located on the eastside of El Paso, surrounded by industrial complexes, this building is only minutes from Loop 375 and I-10. Below is a list of tenants to include construction companies to insurance agencies. Built in 2014, this building totals 4080 sqft already designed and complete in three distinct units, or can easily be reconfigured to combine into one large unit. Independently metered gas and electric can be allocated to each unit, while water is separately metered for landscaping and building use.
PRICE PER SQUARE FOOT: The portfolio is being offered at $179 per square foot which is an attractive basis for any heavy commercial use located in this prime eastside location.
PLEASE SEE SUPPLEMENTAL REMARKS TEXAS IS AN INCOME TAX FREE STATE: Texas, being an income tax-free state, allows investors to maximize returns without state income taxes. This favorable tax environment boosts cash flow and overall profitability, making Texas appealing for real estate investment.
MEDICAL FACILITIES CAN BE RECESSION RESISTANT PROPERTIES: Healthcare properties are prized investments for their stability during economic downturns and resistance to disruptions in retail sectors. Unlike retail properties, which face e-commerce challenges, healthcare facilities offer steady demand and reliable tenants, making them a stable asset even in tough times.
PROPERTY HIGHLIGHTS:
" Total Lot Size: 0.50 Acres (21,917 SF)
" Total Building Size: 4,080 SF
" Unit A - 1548 sqft - currently available
" Unit B - 1170 sqft - monthly lease
" Unit C - 1362 sqft - currently available
" Year Built: 2014
" Zoning: C-4 (Heavy Commercial)
" Parking: 14 spaces / 1,500 SF
LOCATION HIGHLIGHTS:
" Prominently located in the established industrial section of Vista Del Sol Subdivision in the close vicinity of hospital centers, professional medical offices, clinics, manufacturing, and distribution centers.
" Traffic counts:
N Zaragoza Road: 23,521 VPD
George Dieter Drive: 22,046 VPD
(Source: TxDOT AADT 2023)
" ±1.0 miles to Interstate 10
" ±2.0 miles to Loop 375
" ±10 miles to El Paso International Airport (ELP)
CURRENT OWNER: COLCA ENTERPRISES LLC
LIST OF PREVIOUS TENANTS:
8TH Day Family LLC
Apollo El Paso Inc
Border Leads Exchange Inc
D3XTRA Capital Inc
Dedicated Insurance Agency Inc
Dod Construction Inc
Garage Door Designs of Texas Inc
Hartley Investments LLC
L&D Capital Inc
LD Drilling LLC
Old Hog Cycles Inc
Pro Tax Service of Texas Inc
Red Cliff Farms Inc
West Texas Auger Inc
R C Downing & Associates Inc
El Paso Skeet & Trap Club Inc
Fbhh Enterprises LLC
Paseo Del Norte Dock Products Inc
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- Utilities
- Natural Gas Available
- Electricity Available
- Phone Available
- Parking
- Guest
- Unassigned
- See Remarks
- Heating Information
- Central
- Forced Air
- Cooling Information
- Central Air
- Water Features
- Public
Listing Courtesy: BorderView Realty - 915-209-5010. Presented by: James Benoit
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Market statistics compiled from data from Greater El Paso Association of Realtors.
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