TX-16 Spur Dr El Paso, TX 79932
This exceptional 1.3-acre commercial land parcel presents a unique investment opportunity in the rapidly expanding Northwest El Paso area. Situated on TX-16 Spur in El Paso County, Texas, zip code 79932, this property boasts unparalleled accessibility and visibility. Its strategic location directly across from The Outlet Shoppes at El Paso, a destination attracting approximately 12 million visitors annually, ensures significant foot traffic and brand exposure. The surrounding area is experiencing substantial growth, with nearly 6,500 new homes under development, creating a burgeoning residential base. A large daytime population is further guaranteed by the presence of a college campus, industrial developments, call centers, a high school, a major soccer complex, numerous 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. C-4 zoning allows for a variety of uses, making it ideal for a freestanding building with drive-thru capability, among other possibilities. Convenient access to Transmountain/Loop 375 and Interstate 10 is further enhanced by ongoing TXDOT I-10 corridor improvements designed to optimize traffic flow. This property offers exceptional potential for investors seeking a high-growth area with strong demographics and infrastructure.
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
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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.