Technical
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Property profile

0 Ascencion St El Paso, TX 79928

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 10-acre (435,600 sq ft) commercial land parcel presents a unique investment opportunity in Horizon City, Texas. Situated approximately 988 feet east of Ascencion Street, a major arterial connecting Interstate 10 and Montana Avenue (US 180), this property benefits from convenient access via an existing easement. The land lies within the growth path of Horizon City and the greater El Paso metropolitan area, offering significant potential for future development. The terrain is level and ungraded, located in an unzoned area of El Paso County, eliminating the need for building permits. Currently lacking utilities, this property is ideal for various uses, including a contractor's yard, truck and trailer parking, a small "ranchette," or a compound for multiple "tiny homes." Its strategic location and substantial size make it an attractive prospect for investors seeking a versatile commercial land holding in a rapidly developing region of El Paso County, Texas, with the zip code 79928. The property is located in El Paso County, near the city of Horizon.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ascencion St El Paso, TX 79928
El Paso metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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