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El Paso County Assessor: Commercial real estate worth $6.8 billion

Mon, Feb 21, 2011

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Commercial real estate in El Paso County was valued at $6.83 billion in 2010, according to the latest appraisal by the El Paso County Assessor.

That’s a slight increase from 2009, when real estate in the county was valued at $6.825 billion.

The yearly appraisal conducted by the county assessor’s office is for tax assessment purposes. Property owners will shell out nearly $52.7 million in taxes for 2010, up from $51.4 million in 2009.

Below are the values by property class:

Residential – $3.7 billion
Commercial – $1.9 billion
Personal property – $383 million
Vacant land – $377 million
Public utilities – $287 million
Industrial – $138 million
Agricultural – $14.4 million
Natural resources – $1.6 million

Find the full breakdown here.

1 Comments For This Post

  1. Dick Burns Says:

    “Commercial real estate” is worth $1.9 billion according to the above article, not $6.8 billion.