3462 Rene Drive

El Paso, TX 79938

Listing ID: 146572
$1,700,000
For Sale
  • Lot Size Acres 2.000
  • Building Sq Ft 10,715
  • Land Sq Ft 87,120
  • Land Price per Sq Ft $19.51
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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
Location & Directions
Demographics

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 Radius 3-Mile Radius 5-Mile Radius
Total Population3,27035,101102,020
Population Median Age252829
Population by Age0-9 Yrs888800019726
10-19 Yrs479531117060
20-29 Yrs450553917704
30-39 Yrs843695117563
40-49 Yrs415463414012
50-59 Yrs10925578480
60-69 Yrs6212774593
70+ Yrs228322881
Median HH Income$62,694$57,818$57,193
Total Household Income< 24K10117034819
25-49K18323026827
50-74K31027217024
75-99K15813703961
100-199K21121585289
200K+16134539
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

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.

Listing Agent
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