7273 Alameda Ave El Paso, TX 79915
For Sale
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This exceptional 39,862 square foot commercial lot, located at 7273 Alameda Ave, El Paso, Texas 79915 (APN: C835-999-0010-0300), presents a unique investment opportunity. Zoned C1, this nearly one-acre parcel is ideally situated in the heart of El Paso and offers significant development potential. The land has already been leveled and is equipped with readily available utilities, simplifying the construction process. A substantial six-foot cinder block wall, reinforced with cement, provides excellent security and privacy. Owner financing and ground lease options are available, making this property accessible to a wide range of investors and developers. Its central El Paso location ensures high visibility and easy access to major transportation routes and amenities. This is a rare chance to acquire a prepared commercial lot in a thriving urban environment. Don't miss this opportunity to secure a prime piece of El Paso real estate.
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Usaditos Auto Sales Llc Car Dealership
"C-3" Commercial District Regional Commercial Districts "C-4" Commercial District "C-5" Central Business District C. Industrial and Manufacturing Districts. Light Industrial Districts "M-1" Light Manufacturing District Heavy Industrial Districts "Q" Quarry District "M-2" Heavy Manufacturing District "M-3" Unrestricted Manufacturing District D. Special Purpos…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
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
C-3 · El Paso, TX"C-3" Commercial District Regional Commercial Districts "C-4" Commercial District "C-5" Central Business District C. Industrial and Manufacturing Districts. Light Industrial Districts "M-1" Light Manufacturing District Heavy Industrial Districts "Q" Quarry District "M-2" Heavy Manufacturing District "M-3" Unrestricted Manufacturing District D. Special Purpose Districts. "R-F" Ranch and Farm District "PMD" Planned Mountain Development District "S-D" Special Development District "U-P" Union Plaza District "P-R I" Planned Residential District I "P-R II" Planned Residential District II "P-C" Planned Commercial District "P-I" Planned Industrial District "SRR" Special Residential Revitalization District "R-MU" Residential Mixed Use District "G-MU" General Mixed Use District "I-MU" Industrial Mixed Use District "NOS" Natural Open Space District "URD" Urban Reserve District (Ord. 16653 § 2 (part), 2007) (Ord. No. 17306, § 2, 4-6-2010; Ord. No. 17547, § 1, 5-3-2011) 20.06.020 - Purpose of districts. A. Residential Districts. 1. Light Residential Districts. The purpose of these districts is to promote and preserve residential development within the city to create basic neighborhood units. It is intended that the district regulations maintain a low density of dwelling units supporting a suburban-urban interface that permits developments utilizing varying lot configurations. The regulations of the districts will permit primarily single-family and two-family residential areas, and recreational and institutional uses incidental to and serving the neighborhood. 2. Medium Residential Districts. The purpose of these districts is to promote and preserve residential development within the city associated with a landscape more urban in appearance and permitting a mixture of housing types. It is intended that the district regulations allow for medium densities of dwelling units supported by higher intensity land uses located at the periphery of single-family neighborhoods providing that the overall character and architectural integrity of the neighborhood is preserved. The regulations of the districts will permit building types designed for transition from areas of low density residential neighborhoods to other residential areas, and certain nonresidential uses and support facilities. 3. High Residential Districts. The purpose of these districts is to promote and preserve a diversity of residential dwelling types at the highest densities within the city and to provide for the integration of compatible business and professional office uses to complement the areas.
Costs & 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.