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    10516 Railroad Dr El Paso, TX 79924

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    For Sale
    Contact for pricing

    Prime El Paso commercial land, railroad access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 24.54-acre commercial land parcel presents a unique investment opportunity in El Paso, Texas. Located at 10516 Railroad Dr, El Paso, TX 79924, this property boasts an M1 zoning designation, opening doors to a variety of commercial uses. The expansive lot size offers flexibility for development, with custom lot sizes available. The strategic location provides convenient access to rail lines, a significant advantage for businesses requiring efficient transportation solutions. Furthermore, this site is poised to benefit from future highway development, promising increased visibility and accessibility. The current asking price is $3.00 per square foot, translating to $130,680 per acre. This represents a compelling value proposition considering the property's size, zoning, and strategic location within the Northeast El Paso market. The property is situated in El Paso County and offers significant potential for both immediate and long-term returns. Leasing options may also be available. Don't miss this chance to acquire a substantial piece of prime commercial real estate in a rapidly growing area.

    Property Features for 10516 Railroad Dr

    General Information

    Property type
    Land
    Lot Size
    1,068,962 SF

    HighLights

    • Leasing options available.
    • Future highway development site.
    • Railroad access.
    • Custom lot sizes available.
    • Sale price: $3.00/SF ($130,680/acre).
    • Northeast El Paso market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Victor Enterprises Inc Roofing Contractor

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Accounting Firm Storage Facility Garden 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
    -106.3768222
    Latitude
    31.9199063

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    FAQs

    What type of property is this?
    Land - Prime El Paso commercial land, railroad access.
    Where is this land located?
    The property is located at 10516 Railroad Dr El Paso, TX.
    What are key features of this property?
    This property features: Leasing options available.; Future highway development site.; Railroad access.
    Request Owner's contact information
    10516 Railroad Dr 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
    10516 Railroad Dr El Paso, TX 79924
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