5050 Desert Blvd El Paso, TX 79912
- Banks
- 9,702 SF
- 2.91 lot acres
Current Use by Public Records
- FirstLight Federal Credit Union / Federal Credit Union / Atm
Property Details for 5050 Desert Blvd
- Year built
- 2007
- Lot size
- 2.91 lot acres
- Property size
- 9,702 SF
- Zone code
- C3
- Property type
- Banks
- APN
- S907-999-0010-0180
- APU
- S90799900100180
Description
This exceptional 40,392 square foot commercial land parcel presents a unique investment opportunity in El Paso, Texas. Located at 5050 N Desert Blvd, in the 79912 zip code, this property boasts a highly desirable west side location, offering convenient access to Interstate 10 via a dedicated drive off the access road and Bartlett Drive. Its strategic placement adjacent to First Light Federal Credit Union and Salt Grass Steakhouse ensures high visibility and foot traffic. The area is thriving, surrounded by numerous national and regional retailers, creating a robust commercial environment. Zoned C-3 SC, this paved lot, complete with medians, is perfectly suited for a variety of commercial developments, including office or medical office spaces. The property's proximity to Downtown El Paso (ten minutes away), the University of Texas at El Paso (UTEP), and major hospitals further enhances its appeal. This excess land from First Light Federal Credit Union offers excellent demographics and presents a compelling opportunity for investors seeking a prime location for commercial development in a rapidly growing area of El Paso. The asking price for this exceptional property is $625,000.
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
- -106.569
- Latitude
- 31.8424
- CBSA code
- 21340
- CBSA name
- EL PASO, TX METROPOLITAN STATISTICAL AREA
