Property summary
This exceptional 4.56-acre commercial land parcel in El Paso, Texas, presents a compelling investment opportunity. Located at 8482 Alameda Ave, zip code 79907, this property boasts a strategic position within El Paso County, offering significant development potential. The land is zoned C-3, C-2, and RF, allowing for a variety of uses. Currently, a portion of the property is leased month-to-month to a car dealership, providing immediate income potential. The site features approximately 140 feet of frontage, ideal for constructing office or retail spaces. Its proximity to major thoroughfares, including Loop 375, and the US/Mexico Port of entry makes it exceptionally well-suited for a mixed-use development, such as an apartment complex or storage facility. Surrounded by existing apartments, retail, and residential properties, this location benefits from established infrastructure and high visibility. The asking price for this remarkable property is $950,000. This is a qualified opportunity zone property. Don't miss this chance to acquire a prime piece of El Paso real estate with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop Vehicle Inspection Center
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Car Wash
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2019Property description
Physical attributes from public recordsZoning & alternative use
C3 · El Paso, TXZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C3 in El Paso, TX.
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