Property profile

10516 Railroad Dr El Paso, TX 79924

OFF-MARKET
Land
24.54 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 24.54 ac (1,068,962 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Roofing Company General Contractor

Location

10516 Railroad Dr El Paso, TX 79924
El Paso metro
Google Maps

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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