341 Thorn Ave El Paso, TX 79932
- Commercial real estate
- 13.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 341 Thorn Ave
- Lot size
- 13.30 lot acres
- Property type
- Commercial real estate
- APN
- X268999S0000100
Description
This exceptional 13.3-acre commercial land parcel presents a unique investment opportunity in El Paso, Texas. Strategically located on two corners, the property boasts over 2,000 feet of frontage on three highly trafficked streets, ensuring maximum visibility to Interstate 10. Its prime Westside location is highly coveted, with no comparable acreage currently available. Zoned R-3, this expansive lot offers significant potential for various commercial developments. The property's accessibility is further enhanced by its proximity to the I-10 ramp via S Desert Blvd, currently under construction. This location is particularly advantageous, situated one exit before the proposed new Amazon distribution center. The substantial lot size allows for flexibility in development plans, including the possibility of subdivision, which is projected to increase individual lot values. A potential scenario involves selling a portion (6 acres) for $3,000,000 to a hotel developer, further enhancing the return on investment. The property's APN is X268999S0000100, and the asking price is $6,050,000. The address is 341 Thorn Ave, El Paso, TX 79932.
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
- -106.57693571342
- Latitude
- 31.85187620252
