3669 George Dieter Dr El Paso, TX 79936
This exceptional 1.46-acre commercial property, located at 3669 George Dieter Dr in El Paso, Texas, presents a unique investment opportunity. Zoned C-3, this parcel boasts 300 feet of frontage on George Dieter Drive, offering significant visibility and accessibility. The property is currently undergoing Planning Commission review for subdivision approval, promising streamlined development. Its strategic location within the Karim Place Subdivision places it in the company of established businesses such as McDonald's, Mister Carwash, and a national coffee chain, ensuring a strong commercial environment. The total square footage is 63,810, with an asking price of $1,453,798, resulting in a price per square foot of $22.78. Drainage is facilitated by a shared ponding area situated in the southwest corner of the subdivision. This property is ideal for developers seeking to capitalize on the thriving El Paso market and create a new retail or mixed-use development. The zip code is 79936, and the property is situated in El Paso County. This is a rare opportunity to acquire a well-located, sizable parcel in a high-traffic area with established neighboring businesses. The property's current undeveloped status allows for maximum flexibility in design and development, catering to a wide range of commercial ventures. Don't miss this chance to secure a prime piece of El Paso real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.