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    2122 BASSETT Avenue El Paso, TX 79901

    For Sale
    $179,000

    Prime El Paso commercial lot, ideal for development.

    Property size:
    9,000 SF

    Description

    Added:
    Jan 20, 2025
    Days on Market:
    328
    This exceptional 9,000 square foot lot presents a unique investment opportunity in El Paso, Texas. Zoned C4, this property is situated in the vibrant Bassett subdivision, a dynamic mixed-use area blending residential living with a thriving commercial sector. The area boasts a strong focus on service industries, retail shopping, diverse dining options, and entertainment venues, ensuring high visibility and potential for strong returns. The lot's size offers ample space for a variety of commercial developments, catering to the needs of the bustling community. Its location offers convenient access to the energy and amenities of downtown El Paso, situated less than two miles away. The 0.2066 acres of land provide a solid foundation for building a successful business venture in a rapidly growing area. This property is priced at $179,000 and represents a compelling chance to acquire a strategically located commercial lot in a high-demand El Paso neighborhood. The C4 zoning allows for a wide range of commercial uses, making this a versatile and attractive investment opportunity. Don't miss this chance to secure a prime piece of El Paso real estate.

    Property Features for 2122 BASSETT Avenue

    General Information

    Property type
    Other land
    Square Feet
    9,000 SF
    Price / Square Foot
    $19
    Elevators
    N/A
    Lot Size
    9,000 SF

    HighLights

    • Large 9,000 sq ft lot ideal for commercial development.
    • C4 zoning allows diverse commercial uses in a thriving El Paso location.
    • Prime Bassett subdivision location, near downtown El Paso, offers high visibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    State
    Texas
    Longitude
    -106.464747
    Latitude
    31.770654

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    FAQs

    What type of property is this?
    Land - Prime El Paso commercial lot, ideal for development.
    Where is this land located?
    The property is located at 2122 BASSETT Avenue El Paso, TX.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: Large 9,000 sq ft lot ideal for commercial development.; C4 zoning allows diverse commercial uses in a thriving El Paso location.; Prime Bassett subdivision location, near downtown El Paso, offers high visibility.
    (915) 588-7354
    Request Owner's contact information
    2122 BASSETT Avenue El Paso, TX 79901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2122 BASSETT Avenue El Paso, TX 79901
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