Flex-Office-Warehouse - For Sale
3462 Rene Drive El Paso, TX 79938
Details & Description
Price: $1,700,000
  • Property Type Flex/Office Whs
  • Lot Size Acres 2.000
  • Building Sq Ft 10,715
  • Building Price per Sq Ft $158.66
  • Land Sq Ft 87,120
  • Land Price per Sq Ft $19.51
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

915broker@teamjuanuribe.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
$1,700,000
For Sale
  • Property Type Flex/Office Whs
  • Lot Size Acres 2.000
  • Building Sq Ft 10,715
  • Building Price per Sq Ft $158.66
  • Land Sq Ft 87,120
  • Land Price per Sq Ft $19.51
  • 3462 Rene Drive El Paso, TX 79938 - main image
  • 3462 Rene Drive El Paso, TX 79938 - alt image 2
  • 3462 Rene Drive El Paso, TX 79938 - alt image 3
  • 3462 Rene Drive El Paso, TX 79938 - alt image 4
3462 Rene Drive - main image
3462 Rene Drive - alt image 2
3462 Rene Drive - alt image 3
3462 Rene Drive - alt image 4
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


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

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 Location & Map Views
Listing Agent
More listings from Juan Uribe
Featured Local Vendors
• • YOUR AD HERE • •
Your company could be listed on all properties like this one, in/near your city.
Click for more info!
Title Company
Lone Star Title Co.
lonestartitle.com
915-545-2222
smartin@lonestartitle.com

Insurance Agency
Your Ad Here
Your company could be listed here
Click for more info!
Environmental Studies
Your Ad Here
Your company could be listed here
Click for more info!
HVAC Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Mold Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Roofing Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Private Lending
Your Ad Here
Your company could be listed here
Click for more info!
Real Estate Attorney
Your Ad Here
Your company could be listed here
Click for more info!
Electrical Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Property Management
Your Ad Here
Your company could be listed here
Click for more info!
Plumbing Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Property Inspection
Your Ad Here
Your company could be listed here
Click for more info!

Other property types near El Paso, TX