C-2 community commercial ground-lease site with utilities available for retail or service development near major arterials.
Space SizeContact for details
Lot Size0.48 Acres
Days on Market217
Property Features for 7729 Lockheed Dr
General Information
Standard statusActive
Lot size0.48 Acres
Property subtypeLAND
Spaces For Lease
at 7729 Lockheed Dr
7729 Lockheed Dr$1.56/SF/Yr
TypeLAND
AvailabilityAVAILABLE
This 0.47-acre long term ground lease opportunity at 7729 Lockheed Dr. offers a vacant, commercially-zoned site ideal for retail or service-oriented development in El Paso’s East submarket, near El Paso International Airport and major employment centers. The highest and best use is the construction of a retail development supported by C-2 Community Commercial zoning and the surrounding mix of industrial, office, and retail properties, making it attractive for quick-service restaurant, convenience retail, service/office, or small showroom concepts that benefit from strong daytime population and airport-related traffic.
The site comprises approximately 20,550 square feet of usable land, generally rectangular in shape and level at street grade, with about 300 feet of frontage along Lockheed Dr. providing flexible site planning and multiple access options, subject to city approval. It is located just off Montana Ave., a heavily trafficked major arterial, with visibility from Montana and regional connectivity via Montana Ave., Airway Blvd., Hawkins Blvd., and Boeing Dr., while public bus service and the established road grid provide average overall access within the metro area.
Zoned C-2 Community Commercial District, the property allows a wide range of commercial uses, including retail, services, and light automobile-related uses serving multiple neighborhoods, and benefits from available utilities such as electricity, water, and sewer. The site lies in Flood Zone C/Zone X, indicating moderate to minimal flood risk, and is subject to an aviation right-of-flight easement in favor of the City of El Paso, which permits aircraft overflight and related noise and allows the City to restrict any uses that interfere with airport operations or create airport hazards.
The surrounding corridor is a mature commercial area with high occupancy in nearby office, industrial, and retail developments, reflecting solid market demand for commercial uses. Demographic and economic trends show a well-populated trade area with stable population, strong household counts, and significant non-residential traffic from the airport, Butterfield Trail industrial centers, and Fort Bliss, all of which support ongoing commercial activity at this location.
Added: Mar 11Changed: Oct 11Last Checked: Oct 12 at 5:53PM
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 Cap Rate Real Estate Group
Investment Insights
Based on property information with market context.
This 0.47-acre long-term ground lease opportunity offers a vacant, generally rectangular site of approximately 20,550 square feet, level at street grade. The property has about 300 feet of frontage along Lockheed Dr., supporting flexible site planning and multiple access options, subject to city approval. Zoned C-2 Community Commercial District, it allows a broad range of retail, service, and light automobile-related uses.
The site is located just off Montana Ave., with visibility from Montana and regional connectivity via Montana Ave., Airway Blvd., Hawkins Blvd., and Boeing Dr. The area is characterized as an established commercial corridor with nearby industrial, office, and retail development.
Utilities available include electricity, water, and sewer. The property lies in Flood Zone C/Zone X and is subject to an aviation right-of-flight easement in favor of the City of El Paso, which allows aircraft overflight and enables the City to restrict uses that interfere with airport operations or create airport hazards.
Key Highlights
0.47‑acre long‑term ground lease site with approximately 20,550 SF of usable land
About 300 feet of frontage along Lockheed Dr., generally rectangular and level at street grade
C‑2 Community Commercial District zoning for retail, services, and light automobile‑related uses
Property Analytics
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Current Use
Commercial land
Suggested Use
Top PickHVAC ServiceDental Office(Bike/Boat/Book/etc) StoreCatering ServiceTanning SalonBakery
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
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Explore this area
Business Placement
Demographics for 79925, TX
38,422
Population
16,272
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
85%
High-School Grad
17.5 sq mi
ZIP Area
2,196
Density / Sq Mi
$57,735
Median Household Income
$34,167
Median Earnings
$1,039
Median Rent
$176,300
Median Home Value
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Commercial land - C-2 community commercial ground-lease site with utilities available for retail or service development near major arterials.
Where is this commercial land located?
The property is located at 7729 Lockheed Dr El Paso, TX.
What are key features of this property?
This property features: 0.47‑acre long‑term ground lease site with approximately 20,550 SF of usable land; About 300 feet of frontage along Lockheed Dr., generally rectangular and level at street grade; C‑2 Community Commercial District zoning for retail, services, and light automobile‑related uses
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New: 350 Mission StJust listed · $36/SF · 2 min ago