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    Woodrow Bean Transmountain Dr Canutillo, TX 79932

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    For Sale
    Contact for pricing

    Prime El Paso retail land, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel presents a unique investment opportunity in the rapidly expanding Northwest El Paso area. Located on Woodrow Bean Transmountain Dr in Canutillo, Texas, zip code 79932, this property boasts a sizable lot ranging from 30,000 to 94,089 square feet (APN: C890999001002C0) and is zoned C4, allowing for a variety of retail and hospitality uses. The site benefits from its strategic location across from The Outlet Shoppes at El Paso, a major retail destination attracting approximately 12 million visitors annually. This high-traffic area is further enhanced by a large daytime population fueled by a nearby college campus, industrial developments, call centers, high school, major soccer complex, restaurants, and car dealerships. The property's proximity to a new 140-bed Tenet hospital and a 55-bed Texas Tech Training Hospital adds to its appeal. Moreover, the site enjoys convenient access to Transmountain/Loop 375 and Interstate 10, with ongoing Texas Department of Transportation (TXDOT) improvements on the I-10 corridor promising enhanced traffic flow. The surrounding area is experiencing significant residential growth, with nearly 6,500 new homes currently under development in close proximity, ensuring a robust and expanding customer base for future businesses established on this prime retail pad site. This presents a compelling opportunity for developers and investors seeking exposure to a thriving and dynamic market.

    Property Features for 0 Woodrow Bean Transmountain Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canutillo
    County
    El Paso
    State
    Texas
    Longitude
    -106.584853
    Latitude
    31.9083672

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    FAQs

    What type of property is this?
    Land - Prime El Paso retail land, high traffic area.
    Where is this land located?
    The property is located at Woodrow Bean Transmountain Dr Canutillo, TX.
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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
    Woodrow Bean Transmountain Dr Canutillo, TX 79932
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