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    5050 Desert Blvd El Paso, TX 79912

    Sponsored
    For Sale
    $625,000

    Prime 40,392 sq ft lot, ideal for business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40,392 square foot commercial land parcel presents a remarkable investment opportunity in El Paso, Texas. Strategically located at 5050 North Desert Blvd, El Paso, TX 79912, this C-3 zoned property boasts convenient access to I-10 via North Desert Blvd and Bartlett Drive. Its prime west side location offers excellent visibility and proximity to established businesses, including First Light Federal Credit Union and Salt Grass Steakhouse, as well as numerous national and regional retailers. The property's strong demographics and surrounding amenities create a highly desirable environment for a variety of commercial ventures. The site is easily accessible and features paved surfaces with medians. Its proximity to downtown El Paso, the University of Texas at El Paso, and major hospitals (all within a fifteen-minute radius) further enhances its appeal. This versatile lot, previously excess land belonging to First Light Federal Credit Union, is perfect for office or medical uses, and presents a unique chance to establish a thriving business in a high-traffic area. The asking price is $625,000.

    Property Features for 5050 Desert Blvd

    General Information

    Property type
    Land

    HighLights

    • $625,000 asking price.
    • 40,392 SF land parcel.
    • C‑3 zoning.
    • Excellent West El Paso location near I‑10, Bartlett Drive, First Light Credit Union, and Salt Grass Steakhouse.
    • Paved with medians.
    Property Profile Location Intelligence

    Current Use by Public Records

    FirstLight Federal Credit ... Federal Credit Union

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery 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
    -106.5690995
    Latitude
    31.8424148

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    FAQs

    What type of property is this?
    Land - Prime 40,392 sq ft lot, ideal for business.
    Where is this land located?
    The property is located at 5050 Desert Blvd El Paso, TX.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price.; 40,392 SF land parcel.; C-3 zoning.
    (915) 544-5205
    Request Owner's contact information
    5050 Desert Blvd El Paso, TX 79912
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    El Paso, TX 79912
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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
    5050 Desert Blvd El Paso, TX 79912
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