3.4 Acres - Commercial/Apartment Land

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30368856
Property Subtypes: Multi-Family, Vacation/Resort
Status: Pending
Gross Land Area: 3.40 Acres
Sale Price: $873,000
Unit Price: $256,764 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 3/12/2019

Overview / Comments

We are in the process of sub-dividing this property in order to be able to sell it. The original tract is 5 acres, and we are separating the corner lot of 1.6 acres, this way we can lower the price on the remaining 3.4 acres. This is a well established neighborhood, all utilities are available as well as schools, shopping, etc. Montana Avenue is only a few blocks away North, and will be expanding creating our new Montana freeway, which will bring more traffic to this site!

Attachments & Media

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: H81799900502900
Legal Description: THE WEST 3.4 ACRES OF 5 HUECO VIEW ACRES SLY PT OF 9 & 10 (EXC W 30 FT & SW PT)
Largest Nearby Street: Edgemere
Feet of Frontage: 300
Site Description: https://youtu.be/RI2KTEv0dbQ Video of the Property
Area Description: 320 Feet of Frontage on Edgemere All utilities available The corner lot of 1.6 acres adjacent to the property also available for $12.50 per square foot Property needs to be sub-divided before closing
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access, Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,828 140,405 250,924
Median Age: 31.32 32.16 32.58
Households: 7,940 43,693 79,842


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