Property profile

0 Van Fleet Rd El Paso, TX 79938

OFF-MARKET
Land
5.5 ac lot
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Property summary

AI-generated overview

This exceptional 5.5-acre industrial land parcel presents a unique investment opportunity in El Paso, Texas. Located in the Homestead Meadows North area, with a 79938 zip code, this property is zoned RF and offers significant potential for various industrial uses. The land is currently undeveloped, providing a blank canvas for your vision. Situated just 700 feet from the paved Jm Browning Street, access to the site is convenient. The expansive lot size allows for ample space for construction and development, making it ideal for a range of industrial projects. Its location in east El Paso offers proximity to key transportation routes and infrastructure, further enhancing its appeal. The asking price for this remarkable property is $95,000. This represents a compelling value proposition for investors seeking a strategically located industrial land parcel with significant development potential in a growing market. The property's size and zoning make it suitable for a variety of industrial applications, offering flexibility and adaptability to meet diverse needs. Detailed site plans and surveys are available upon request. Don't miss this chance to acquire a prime piece of industrial real estate in El Paso.

Property profile

Verified
Property type Land
Lot 5.5 ac (239,580 SF)

Cap rate & NOI

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

Location

Van Fleet Rd El Paso, TX 79938
El Paso metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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