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    Tierra Este Rd El Paso, TX 79938

    For Sale
    $575,000

    Prime El Paso land, ideal for development. High-traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5-acre parcel, located on Tierra Este Rd in El Paso, Texas (zip code 79938), presents a remarkable investment opportunity. Situated in a rapidly developing area near the anticipated extension of Montwood and Rich Beem Avenue, this property boasts high visibility and accessibility. The land is mostly leveled, simplifying development plans. The APN is X57900030300570. The property is zoned unincorporated, offering flexibility for various commercial, industrial, or residential uses. Its proximity to Joe Battle Boulevard and Loop 375 ensures convenient access to major transportation arteries. Given the current high demand and rapid development in this area, with neighboring lots already seeing construction of warehouses and businesses, this 100% ownership opportunity is poised for significant appreciation. Don't miss this chance to secure a prime piece of El Paso real estate in a thriving location. The asking price is $575,000.

    Property Features for 0 Tierra Este Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre parcel in El Paso, TX (79938).
    • Minutes from Joe Battle Blvd and Loop 375.
    • Mostly level land, simplifying development.
    • Located in a rapidly developing area near the anticipated extension of Montwood and Rich Beem Avenue.
    • Unincorporated zoning allows for flexible commercial, industrial, or residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.25087768873
    Latitude
    31.766907575206

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    FAQs

    What type of property is this?
    Land - Prime El Paso land, ideal for development. High-traffic area.
    Where is this land located?
    The property is located at Tierra Este Rd El Paso, TX.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: 5-acre parcel in El Paso, TX (79938).; Minutes from Joe Battle Blvd and Loop 375.; Mostly level land, simplifying development.
    Request Owner's contact information
    Tierra Este Rd El Paso, TX 79938
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    El Paso, TX 79938
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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
    Tierra Este Rd El Paso, TX 79938
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