Listing Agency: ClearView Realty a***@yahoo.com Show Phone

Listed By: Ana Marie Cardoza · License #0715196 Show Phone

Source: Exitrealty

Added: Apr 8, 2025 Changed: Aug 8 Last Checked: Aug 8 at 7:55AM

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Investment Insights

Based on property information with market context.

This for-sale land site offers development potential for up to 24–28 multi-family rental units, subject to applicable approvals. The property includes water rights and utilities described as easily accessible, supporting an efficient path to planning and construction.

Located in the heart of El Paso, the site is positioned near Paul Foster school of medicine, Texas Tech school of nursing, and a new dental school, with nearby shopping and dining options. The property is also described as conveniently situated near the airport and Fort Bliss, which may be helpful for future tenant convenience.

For developers seeking a land parcel suited to multi-family projects, the combination of described capacity for additional units, available water rights, and accessible utilities provides a practical foundation for design and entitlement planning. The property is also noted as being within an empowerment zone. Prospective buyers should confirm all development requirements and unit counts with the appropriate local authorities prior to proceeding.

Key Highlights

• Zoned for multi‑family development with potential to build up to 24–28 rental units
• Water rights and easily accessible utilities available for development
• Located in an empowerment zone

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Skin Care Clinic

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

Lease Details

28

Residential units

Yes

Water rights

Location Intelligence

Trade Area within ½ mile

466

Businesses Nearby

Explore this area Business Placement

Demographics for 79905, TX

22,483

Population

9,168

Households

2.5

Avg Household Size

39

Median Age

10%

College-Educated

58%

High-School Grad

6.6 sq mi

ZIP Area

3,407

Density / Sq Mi

$25,496

Median Household Income

$21,636

Median Earnings

$646

Median Rent

$103,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Zoned for multi-family development with water rights and utilities, positioned near major educational and healthcare institutions.

Where is this residential land & home lot located?

The property is located at 145 S CLARK Drive El Paso, TX.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Zoned for multi‑family development with potential to build up to 24–28 rental units; Water rights and easily accessible utilities available for development; Located in an empowerment zone