Prime Land in Opportunity
For Sale
$950,000
8482 Alameda, El Paso, TX 79907
4.56 acres in El Paso near US/Mexico port.
Property Size198,633 SF
Lot Size4.56 Acres
Price / SF$4.78
Days on Market938
Property Features for 8482 Alameda
General Information
Standard status
Active
Size
198,633 SF
Lot size
4.56 Acres
Property subtype
Land / Sale
Zoning
C3
Taxes and HOA fees
Annual Taxes
$7,278
Amenities
.00
Listing Agency:
Cap Rate Real Estate Group
Listed By:
Anibal Olague · License #0653430
(915) 443-8859
Source:
Compass
Added: Feb 15, 2024
Changed: Sep 10
Last Checked: Sep 10 at 11:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cap Rate Real Estate Group
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Explore this area
Business Placement
Demographics for 79907, TX
50,971
Population
17,505
Households
2.9
Avg Household Size
39
Median Age
13%
College-Educated
71%
High-School Grad
13.7 sq mi
ZIP Area
3,721
Density / Sq Mi
$41,901
Median Household Income
$25,661
Median Earnings
$910
Median Rent
$110,600
Median Home Value
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Market
Vacancy Rate% for Office in El Paso, TX
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Frequently Asked Questions
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 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.
