10516 Railroad Dr El Paso, TX 79924
- Land
- 24.54 lot acres
Current Use by Public Records
- Victor Enterprises Inc / Roofing Contractor
Property Details for 10516 Railroad Dr
- Lot size
- 24.54 lot acres
- Property type
- Land
Description
This exceptional 24.54-acre commercial land parcel presents a unique investment opportunity in El Paso, Texas. Located at 10516 Railroad Dr, El Paso, TX 79924, this property boasts an M1 zoning designation, opening doors to a variety of commercial uses. The expansive lot size offers flexibility for development, with custom lot sizes available. The strategic location provides convenient access to rail lines, a significant advantage for businesses requiring efficient transportation solutions. Furthermore, this site is poised to benefit from future highway development, promising increased visibility and accessibility. The current asking price is $3.00 per square foot, translating to $130,680 per acre. This represents a compelling value proposition considering the property's size, zoning, and strategic location within the Northeast El Paso market. The property is situated in El Paso County and offers significant potential for both immediate and long-term returns. Leasing options may also be available. Don't miss this chance to acquire a substantial piece of prime commercial real estate in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.377
- Latitude
- 31.9199
