128 Zaragosa Rd El Paso, TX 79907
This exceptional commercial property, located at 128 N. Zaragosa Road in El Paso, Texas, 79907, presents a unique investment opportunity. Priced at $750,000, this "as is" offering encompasses a substantial 70,088 square foot lot (.461 acres) and a 5,264 square foot building. The property boasts a rich history, having served as a post office and more recently, a hospital. Its versatile layout includes several individual offices, a large open area adaptable to various commercial uses, and a convenient loading dock. The building's previous uses suggest potential for a variety of businesses, from medical to office space, or even adaptive reuse projects. The property is partially fenced, offering some security. Note that an adjacent .461-acre parcel at 128 N Zaragoza is included in this sale. This prime El Paso location offers excellent visibility and accessibility, making it an attractive proposition for savvy investors seeking a versatile commercial property with significant potential. The property's size and existing infrastructure provide a solid foundation for a range of development or operational possibilities. Serious inquiries are encouraged to explore the full potential of this unique offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.