3 Acres - Owner Finance Available

Vacant Land for Sale
Catylist Listing ID: 30291552
Property Subtypes: Hospitality, Industrial, Multi-Family, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 3 Acres
Sale Price: $480,000
Unit Price: $160,000 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 10/19/2018

Overview / Comments

Catch the wave, this property will gain value really quick. We can sell from 2 to 9 acres, IDEA Charter School (one of the best in Texas) will open soon. Once Edgemere Blvd. is opened (May 2018) it will give access to more than 7,000 families that live east of the property that currently drive through Montana. Also, there are 5,000 new residential lots being build all around the property. Even though the property is located in El Paso County, there's an agreement to give water and sewer to this lot without annexing the property to the city of El Paso, TX. That will be an option that the new owner will have. We are in the process of subdividing the property in smaller parcels, the process takes six months. Until then our asking price is $4.90 per foot.

Attachments & Media

Additional Details

Nearest MSA: El Paso
County: El Paso
Zoning: COMMERCIAL
Property Located Between: Vista del Este
Property Visibility: Excellent
Legal Description: See attached
Largest Nearby Street: Edgemere
Feet of Frontage: 300
Site Description: http://www.teamjuanuribe.com/ More Available Options
Area Description: -3 Acres of Land -130,680 SF of Land -All Utilities Are Available -Within Walking Distance to New Charter School -See Photo of Approved Subdivision with 5,000 Homes Surrounding This Lot
Lot Frontage: 295
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,304 16,961 68,961
Median Age: 28.44 27.35 27.37
Households: 1,107 4,711 18,427

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