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    9499 Diana Dr El Paso, TX 79924

    Sponsored
    For Sale
    $1,650,000

    16.65 Acres, C-3 Zoning, Multi-Family Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 16.65-acre commercial land parcel presents a compelling investment opportunity in El Paso, Texas. Located at 9499 Diana Dr, near Dyer St, in the 79924 zip code, this property boasts a C-3 zoning designation, opening doors to a wide range of development possibilities. The expansive lot size offers significant potential for various projects, including multi-family residential developments and flexible-use commercial spaces. Its strategic location in northeast El Paso places it in close proximity to planned future developments, including an amphitheater, and established residential and retail areas, ensuring high visibility and accessibility. The property's size and zoning make it ideal for large-scale projects seeking to capitalize on the growing El Paso market. Detailed site plans and development concepts are available upon request. The asking price for this remarkable property is $1,650,000. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area of El Paso, offering significant long-term growth potential. Don't miss out on this chance to secure a prime piece of El Paso real estate. Serious inquiries only.

    Property Features for 9499 Diana Dr

    General Information

    Property type
    Land
    Lot Size
    725,274 SF

    HighLights

    • 16.65‑acre commercial land parcel in El Paso, TX.
    • Located at 9499 Diana Dr, near Dyer St, zip code 79924.
    • C‑3 zoning allows for diverse development options, including multi‑family and commercial uses.
    • Prime northeast El Paso location near future developments and existing residential/retail areas.
    • Asking price: $1,650,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -106.42513356178
    Latitude
    31.878853387745

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    FAQs

    What type of property is this?
    Land - 16.65 Acres, C-3 Zoning, Multi-Family Potential
    Where is this land located?
    The property is located at 9499 Diana Dr El Paso, TX.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: 16.65-acre commercial land parcel in El Paso, TX.; Located at 9499 Diana Dr, near Dyer St, zip code 79924.; C-3 zoning allows for diverse development options, including multi-family and commercial uses.
    Request Owner's contact information
    9499 Diana Dr El Paso, TX 79924
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    9499 Diana Dr
    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
    9499 Diana Dr El Paso, TX 79924
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