6800 State Hwy El Paso, TX 79932
This exceptional commercial property presents a unique investment opportunity in El Paso, Texas. Located at 6800 State Highway Spur 16, zip code 79932, this single-tenant retail site boasts a substantial 56,872 square feet of vacant building space, ready for immediate development or lease. The property sits on a generous 1.3-acre lot, providing ample space for expansion or future development. Its strategic location in El Paso County offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's size and location make it suitable for a large-format retailer, a multi-tenant development, or a combination of uses. The existing building offers a significant footprint for immediate occupancy, eliminating the need for lengthy construction timelines. This presents a rare chance to acquire a substantial retail property in a growing market. The property is classified as both Retail and Land, offering flexibility for various development scenarios. All 56,872 square feet of the building is currently vacant, providing a blank canvas for a prospective tenant or developer. This prime location in El Paso, Texas, offers significant potential for growth and return on investment. The property's address is easily accessible via State Highway Spur 16, ensuring high visibility and convenient access for customers and employees. This is a truly remarkable opportunity for investors seeking a significant retail presence in a dynamic market.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.