6840 Spur Dr El Paso, TX 79932
- Office Properties & Spaces
Current Use by Public Records
- Office Properties & Spaces
Property Details for 6840 Spur Dr
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional land parcel, located at 6840 TX-16 Spur in El Paso, Texas (zip code 79932), presents a unique investment opportunity within the rapidly expanding Northwest El Paso area. Zoned C4C, this property is ideally suited for medical office development. 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 boasts a substantial daytime population fueled by a nearby college campus, industrial developments, call centers, high school, 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 further enhances its appeal. Convenient access to Transmountain/Loop 375 and Interstate 10 is ensured, 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. This combination of factors creates a compelling opportunity for a thriving medical office development in a high-demand location. The property's classification includes Hospitality and Office, with a specific subtype of Medical Office.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.586
- Latitude
- 31.9072
