Flex-Office-Warehouse
3462 Rene Drive El Paso, TX 79938
Details & Description
Price: $1,700,000
    Property Description:Tenant occupied ballroom is now available! Features 10,715 leasable square feet divided into 2 stand alone buildings for different size events. 1 Block West of IDEA Edgemere charter school and new residential development (Pictured). Annual Revenue is $114,000 with a CAP rate of 4.96%. Lease does not end until March 31st, 2026.Primary FeaturesCounty: El PasoOff Market Date:Property Type: CommercialSold Date:Sold Price:Subdivision:Zoning: C1Financial DetailsApproximate Yearly Taxes: 18865Exemptions: NoneLease Info:Lease Terms: SaleLeaseable Area Y/N: yesNumber Of Tenants: 2Packages Includes:Sale Includes: Sale OnlyTax Year: 2017Tenant Pays: Electricity, WaterAdditionalBest Use:Empowerment Zone: NoImproved: YesMeasured By: Appraiser CADProperty: BuildingSource Dimensions: OtherVerification: Actual RecordsExternal FeaturesConstruction: StuccoDock:Finance Considered: Cash, ConventionalHandicap Access: YesLot:Lot SqFt: 87120Miscellaneous Exterior:Number Of Parking Spaces:Parking: AssignedProperty Access: Paved Road to PropUtilities: Electricity AvailableInterior FeaturesCooling: 2+ Units, RefrigeratedFinished Space:Heating: 2+ Units, ElectricRefrigerated:Location InformationFlood Zone: NoLocation: Freestanding
    Additional Photos
    Listing Agents
    Juan Uribe

    O: 915-585-0007
    juan@teamuribe.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3462 Rene Drive

    El Paso, TX 79938

    Listing ID: 146572
    • 3462 Rene Drive El Paso, TX 79938 | for Sale | Photo 1
    • 3462 Rene Drive El Paso, TX 79938 | for Sale | Photo 2
    • 3462 Rene Drive El Paso, TX 79938 | for Sale | Photo 3
    • 3462 Rene Drive El Paso, TX 79938 | for Sale | Photo 4
    3462 Rene Drive | for Sale | Thumbnail 1
    3462 Rene Drive | for Sale | Thumbnail 2
    3462 Rene Drive | for Sale | Thumbnail 3
    3462 Rene Drive | for Sale | Thumbnail 4
    Building Size: 10,715 SF
    Lot Size: 2.000 AC
    Land Size: 87,120 SF
    Building $/SF: $158.66
    Land $/SF: $19.51
    Price
    $1,700,000
    Description


    Property Description:
    Tenant occupied ballroom is now available! Features 10,715 leasable square feet divided into 2 stand alone buildings for different size events. 1 Block West of IDEA Edgemere charter school and new residential development (Pictured). Annual Revenue is $114,000 with a CAP rate of 4.96%. Lease does not end until March 31st, 2026.




    Primary Features

    County: El Paso
    Off Market Date:


    Property Type: Commercial
    Sold Date:
    Sold Price:
    Subdivision:
    Zoning: C1



    Financial Details

    Approximate Yearly Taxes: 18865
    Exemptions: None
    Lease Info:
    Lease Terms: Sale
    Leaseable Area Y/N: yes


    Number Of Tenants: 2
    Packages Includes:
    Sale Includes: Sale Only
    Tax Year: 2017
    Tenant Pays: Electricity, Water



    Additional

    Best Use:
    Empowerment Zone: No
    Improved: Yes
    Measured By: Appraiser CAD


    Property: Building
    Source Dimensions: Other
    Verification: Actual Records



    External Features

    Construction: Stucco
    Dock:
    Finance Considered: Cash, Conventional
    Handicap Access: Yes
    Lot:
    Lot SqFt: 87120


    Miscellaneous Exterior:
    Number Of Parking Spaces:
    Parking: Assigned
    Property Access: Paved Road to Prop
    Utilities: Electricity Available



    Interior Features

    Cooling: 2+ Units, Refrigerated
    Finished Space:


    Heating: 2+ Units, Electric
    Refrigerated:



    Location Information

    Flood Zone: No


    Location: Freestanding


    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    El Paso History of Flex-Office-Warehouse for Sale

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    El Paso Area Market Trends

    Listing Demographics for 3462 Rene Drive El Paso, TX 79938

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,27035,101102,020
    Population Median Age252829
    Population by Age0-9 Yrs888 (27%)8000 (22%)19726 (19%)
    10-19 Yrs479 (14%)5311 (15%)17060 (16%)
    20-29 Yrs450 (13%)5539 (15%)17704 (17%)
    30-39 Yrs843 (25%)6951 (19%)17563 (17%)
    40-49 Yrs415 (12%)4634 (13%)14012 (13%)
    50-59 Yrs109 (3%)2557 (7%)8480 (8%)
    60-69 Yrs62 (1%)1277 (3%)4593 (4%)
    70+ Yrs22 (0%)832 (2%)2881 (2%)
    Median HH Income$62,694$57,818$57,193
    Total Household Income< 24K101 (10%)1703 (16%)4819 (16%)
    25-49K183 (18%)2302 (22%)6827 (23%)
    50-74K310 (31%)2721 (26%)7024 (24%)
    75-99K158 (16%)1370 (13%)3961 (13%)
    100-199K211 (21%)2158 (20%)5289 (18%)
    200K+16 (1%)134 (1%)539 (1%)
    Highest Education LevelNo Diploma12028508967
    Diploma or GED244389711946
    Some College657570616517
    Assoc. Degree18619285128
    Bachelors Degree387349810201
    Higher Degree13713583686
    Total Housing Units1,02411,47030,568
    --Owner-Occupied8527,52121,204
    --Renter-Occupied1272,8667,256
    Owner-Occupied Values< 100K5911104428
    100-199K607476213435
    200-299K16213292754
    300-399K12200372
    400-499K64997
    500K+672119
    Total Working Age Population1,99123,25070,868
    In Work Force1,58016,50748,497
    Not In Work Force4116,74322,370
    Workforce Employed1,37514,25743,669
    Workforce Unemployed751,0212,486
    Civlian Workforce1,45015,27846,154
    Military Workforce1291,2292,343
    Total Households97810,38728,460
    Family Households8428,57723,689
    Non-Family Households1371,8104,771
    Married Couple6096,11916,494
    Other Family2332,4587,195
    Married w/Child4553,8089,728
    Single Male w/Child484181,092
    Single Female w/Child1441,3863,589

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    El Paso County679,622+18800,647+9876,120+7936,697

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3462 Rene Drive in El Paso?
    The asking price for 3462 Rene Drive is $1,700,000
    What is the building size of this Flex/Office Whs property in El Paso, TX?
    The size of the building/unit at 3462 Rene Drive in El Paso is 10,715 square feet
    How much land does the El Paso, TX property at 3462 Rene Drive include?
    3462 Rene Drive in El Paso includes 2.000 acres of land
    What is the population within 1 mile of 3462 Rene Drive in El Paso?
    The population within 1 mile of 3462 Rene Drive El Paso, TX 79938 is 3,270 people.
    Who do I contact for questions about 3462 Rene Drive?
    You should contact the listing agent, Juan Uribe, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 225
    Tucson International Airport / Morris Air National Guard Base (TUS) 278
    Lubbock Preston Smith International Airport (LBB) 285