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    10880 Gateway Blvd El Paso, TX 79924

    Sponsored
    For Sale
    $1,460,250

    1.9 Acres, C-1 Zoning, Gateway Blvd

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.9-acre commercial land parcel presents a unique investment opportunity in El Paso, Texas. Located at 10880 Gateway N Blvd, zip code 79924, this property boasts a substantial 82,764 square feet of land zoned C-1, offering significant development potential. The site enjoys excellent visibility and accessibility, situated on Gateway North Boulevard near the Kenworthy/McCombs exit of Loop 375, a major thoroughfare in the rapidly growing northeast El Paso corridor. Its strategic location places it adjacent to existing retail developments, ensuring high traffic volume and strong consumer presence. The asking price for this prime commercial land is $1,460,250. This property is ideal for a variety of commercial uses, given its size, zoning, and location within a thriving commercial area. The property's proximity to established businesses and its high visibility make it an attractive proposition for developers and investors seeking a foothold in a dynamic El Paso market. This is a rare opportunity to acquire a significant land parcel in a prime location with substantial growth potential. Don't miss out on this chance to secure a valuable asset in a rapidly developing area of El Paso.

    Property Features for 10880 Gateway Blvd

    General Information

    Property type
    Land

    HighLights

    • $1,460,250 asking price.
    • 1.9‑acre commercial land parcel.
    • Located in El Paso, TX, at 10880 Gateway N Blvd, zip code 79924.
    • C‑1 zoning.
    • 82,764 square foot lot size.
    • Situated in a developing northeast El Paso corridor adjacent to retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Auto Parts Store Department Store

    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
    -106.432177
    Latitude
    31.925799

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    FAQs

    What type of property is this?
    Land - 1.9 Acres, C-1 Zoning, Gateway Blvd
    Where is this land located?
    The property is located at 10880 Gateway Blvd El Paso, TX.
    What is the asking price?
    The asking price for this property is $1,460,250.
    What are key features of this property?
    This property features: $1,460,250 asking price.; 1.9-acre commercial land parcel.; Located in El Paso, TX, at 10880 Gateway N Blvd, zip code 79924.
    Request Owner's contact information
    10880 Gateway Blvd El Paso, TX 79924
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    El Paso, TX 79924
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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
    10880 Gateway Blvd El Paso, TX 79924
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