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    12285 Pellicano Dr El Paso, TX 79936

    Sponsored
    For Sale
    Contact for pricing

    Prime El Paso commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.55-acre commercial land parcel presents a unique development opportunity in El Paso, Texas. Located at 12285 Pellicano Dr, El Paso, TX 79936, this property is zoned C4 and boasts a highly desirable location at the intersection of Joe Battle, Pellicano, and Bob Hop Drives, providing convenient access to Interstate 10 and the Zaragoza International Border Crossing. The site benefits from its proximity to thriving residential, apartment, and commercial developments, creating a dynamic and attractive environment for various business ventures. The seller is willing to consider subdividing the lot to accommodate specific project requirements. This location offers significant advantages, including high traffic counts: Pellicano Drive sees 26,380 vehicles per day, and Joe Battle Boulevard boasts 92,940 vehicles per day (according to TDT data). Further enhancing the area's appeal is the recently opened Alamo Drafthouse Cinema across the street at the Monteverde development. The surrounding area demonstrates strong demographics, with a population of 82,336 within a 3-mile radius and an average household income of $81,900. The property's Assessed Parcel Number (APN) is P66199900200100. Land lease options may be available. This presents a compelling investment opportunity for developers seeking a strategic location with high visibility and strong growth potential in a rapidly developing area of El Paso.

    Property Features for 12285 Pellicano Dr

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • Land lease opportunity available.
    • High‑traffic location with excellent visibility.
    • Zoned for a variety of commercial uses.
    • Competitive lease terms available.
    • Significant upside potential for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Emicon Corporation Manufacturer APIC Solutions EPTX Telecommunications Contractor Jani-King International, Inc Janitorial Service Soho Audio & Alarm Auto Parts Store Veseris ProCenter Chemical Wholesaler

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    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
    -106.26946186831
    Latitude
    31.727132453691

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    FAQs

    What type of property is this?
    Land - Prime El Paso commercial land, ideal for development.
    Where is this land located?
    The property is located at 12285 Pellicano Dr El Paso, TX.
    What are key features of this property?
    This property features: Land lease opportunity available.; High-traffic location with excellent visibility.; Zoned for a variety of commercial uses.
    (915) 422-2242
    Request Owner's contact information
    12285 Pellicano Dr El Paso, TX 79936
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12285 Pellicano Dr El Paso, TX 79936
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