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Festival Drive Office Development Site
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154 N Festival Dr, El Paso, TX 79912

Development opportunity near Mesa Ave in established El Paso neighborhood.

Property Size13,040 SF
Days on Market2215

Property Features for 154 N Festival Dr

General Information

Standard status Active
Size 13,040 SF
Class A
Property subtype Office
Zoning C3
Occupancy 87%
Lease Type NNN

Building Details

Year Built 2004
Buildings 8
Units 2
Tenancy Multi
Listing Agency: REP Commercial Real Estate
Listed By: Sergio Tinajero · License #TX 0486273
Source: Crexi
Added: Aug 13, 2020 Changed: Aug 31 Last Checked: Sep 3 at 6:40AM

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 REP Commercial Real Estate

Investment Insights

Based on property information with market context.

This development site is located on Festival Drive, half a block from Mesa Avenue in an established neighborhood. The surrounding area includes residential, multi-family, commercial, and office buildings. The property is situated a short distance from Mesa Avenue and within minutes of major shopping centers and malls. Downtown El Paso is approximately 10 minutes away. The property size is 13040 square feet.

Key Highlights

  • Prime location just half a block from Mesa Ave.
  • Established neighborhood setting.
  • Proximity to residential, multi‑family, commercial, and office developments.

Property Analytics

Current Use

Brooks David MD Physician Dr. Dwayne M. ... Physician Maribel Magallanes, FNP-BC Physician Prestige Development Group General Contractor Dr. Arthur A. Cohen, ... Physician

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Parts Store Bakery

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

611
Businesses Nearby

Demographics for 79912, TX

78,652
Population
33,856
Households
2.3
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
23.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$72,290
Median Household Income
$39,330
Median Earnings
$1,191
Median Rent
$248,400
Median Home Value

Market

Vacancy Rate% for Office in El Paso, TX

4.8% 2019
7.5% 2020
6.2% 2021
9% 2022
10.7% 2023
11.6% 2024
9.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Development opportunity near Mesa Ave in established El Paso neighborhood.
Where is this office building located?
The property is located at 154 N Festival Dr El Paso, TX.
What are key features of this property?
This property features: Prime location just half a block from Mesa Ave.; Established neighborhood setting.; Proximity to residential, multi‑family, commercial, and office developments.
(915) 422-2242 Call to check price and availability
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