8482 Alameda Ave, El Paso, TX 79907

Listing agent Anibal Olague License #TX 0653430

Listing office Cap Rate Real Estate Group

Listing date Aug 3, 2022

Source Crexi

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Overview

This property presents an investment opportunity in El Paso, Texas, situated within a qualified Opportunity Zone. The site comprises two lots, totaling 4.56 acres, and is surrounded by apartments, retail spaces, and residential developments. It features approximately 140 feet of frontage, providing substantial space suitable for office or retail construction. Currently, the front portion of the property is leased to a car dealership under a month-to-month agreement. Its location offers proximity to the US/Mexico port of entry and Loop 375, as well as other major intersections. The property is suited for the development of a mixed-income apartment complex or a storage facility.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Grocery & Convenience Store Gym & Fitness Center Pharmacy Daycare Center

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

Location Insight

• Map
• Local Demand

City

El Paso

County

El Paso

State

Texas

Longitude

-106.345362

Latitude

31.706763

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FAQs

What type of property is this?

Commercial land - 4.56 acres in El Paso near US/Mexico port.

Where is this commercial land located?

The property is located at 8482 Alameda Ave El Paso, TX.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Located in a qualified Opportunity Zone, offering potential tax benefits for investors.; Large 4.56 acre lot provides ample space for development.; Strategic location near the US/Mexico port of entry, Loop 375, and major intersections.