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Infill Development Land with Rock Outcropping
For Sale
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701 Prospect, El Paso, TX 79902

In-fill lot with never-before-developed status and a rock outcropping, offering views from roughly 18 feet above street level.

Property SizeContact for details
Lot Size0.32 Acres
Days on Market144

Property Features for 701 Prospect

General Information

Standard status Active
Lot size 0.32 Acres
Property subtype Land

Building Details

Construction post and beam
Listing Agency: Majestic Realty
Listed By: Memo Sotomayor · License #TX 0543825
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Apr 11 at 1:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Majestic Realty

Investment Insights

Based on property information with market context.

This infill development site is offered for sale in a Historic Sunset Heights neighborhood and has never been built on. The property provides over 14,000 SF of land and is being presented for construction of either high-end apartments or a luxury home. Included in the sale is a certificate of approval from the Historic Landmark Commission for a modern 10-unit apartment complex, and the remarks note that historic regulations are minimal for this type of site.

A rock outcropping on the property is part of the site character and may be accommodated through slab construction, or the site could support a post-and-beam approach to maintain exposed rock at street level. With building grade roughly 18 feet above street level, the site offers views of downtown, UTEP, Mexico, and the surrounding mountains.

Key Highlights

  • In‑fill site in the Historic Sunset Heights neighborhood with over 14,000 SF of land for development
  • Site has never been built on, offering development options for apartments or a luxury home
  • Includes certificate of approval from the Historic Landmark Commission for a modern 10‑unit apartment complex

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Garden Center Catering Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,254
Businesses Nearby

Demographics for 79902, TX

20,071
Population
9,752
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
6.5 sq mi
ZIP Area
3,088
Density / Sq Mi
$45,333
Median Household Income
$33,495
Median Earnings
$777
Median Rent
$223,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - In-fill lot with never-before-developed status and a rock outcropping, offering views from roughly 18 feet above street level.
Where is this residential land & home lot located?
The property is located at 701 Prospect El Paso, TX.
What are key features of this property?
This property features: In‑fill site in the Historic Sunset Heights neighborhood with over 14,000 SF of land for development; Site has never been built on, offering development options for apartments or a luxury home; Includes certificate of approval from the Historic Landmark Commission for a modern 10‑unit apartment complex
More about this property
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