5050 Desert Blvd El Paso, TX 79912-1629
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.
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FirstLight Federal Credit Union Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · El Paso, TXCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.