tomo logo

$650,000

Beds
5
Baths
2.25
sq ft
2,520

14596 Jim Bridger Rd, El Paso, TX 79938

14596 Jim Bridger Rd

El Paso, TX 79938

  • 13 days on market
Prime Residential/Commercial Investment Opportunity! This unique 5.07-acre property combines a spacious 5-bedroom, 3-bath home with a thriving commercial space that includes a fully operational convenience store, supermarket, and a local favorite restaurant.The versatile 4,145 sq. ft. supermarket can be sectioned off and rented separately, offering excellent rental income potential. In total, the property boasts 6,665 sq. ft. of interior space (home: 2,520 sq. ft., commercial: 4,145 sq. ft.) in a vibrant, expanding community.The home features an open floor plan, refrigerated air, and comes complete with all appliances, including a refrigerator, washer, and dryer. Store inventory and walk-in coolers will convey, providing immediate business value to the new owner. Additionally, solar panels, fully paid off by the seller at closing, offer energy savings for future owners. Outdoor amenities include a covered patio, ideal for relaxing or entertaining, and a large shed for additional storage. Don't miss out!

Details

Property type

Single Family Residence

Lot size

5.07 acres

Price per sq ft

$258

Year built

2012

Annual property taxes

$4,530

Price History

10/26/2024
ElPaso

ElPaso #911222

Listed
$650,000

Schools & Community

Elementary school: 

Red Sands Ele

Middle school: 

East Montana

High school: 

Mountainv

High school district: 

Clint

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$510,079
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$87,921
Cash to seller
$510,079

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vanderbilt Mortgage & Finance Inc

Loan start date

February 2012

Original loan amount

$192,997

Est. remaining balance

$87,921

Interest rate

3.94%

Loan type

Not Provided, 20 year

Seller

Norman Donald Barnes and Angelina Barnes

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 10:05 AM

Listing updated: 10/28/2024 at 3:30 AM

Listed by: Adelfa Reyes, Cornerstone Realty Phone #: (915) 355-2335

MLS: ElPaso #911222

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