This exceptional mixed-use property in El Paso, Texas, presents a prime development opportunity. Located at 12816 Ventana Ave, El Paso, TX 79938, this 132,924 square foot lot (APN V63999900702900) is zoned GMU, allowing for versatile commercial development. The property is part of a larger development encompassing multiple parcels. Pre-existing plans and specifications are available for a substantial commercial/retail building (24,000 square feet) and a significant residential component (119 units). This presents a unique chance to build a thriving mixed-use complex in a dynamic El Paso location. Detailed due diligence information is readily accessible. The property's size and zoning make it ideal for a variety of commercial ventures, offering substantial potential for investors and developers seeking a high-impact project in a growing market. This is one of three parcels totaling 55 acres. The property is situated in El Paso County and offers a compelling investment prospect.

Property type Mixed-use properties

UPID US82-7033419

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

12816 Ventana Ave El Paso, TX 79938

El Paso metro

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6 recent transactions · within 1.5 mi

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