319 Acres on Montana
Vacant Land
for Sale
| Catylist Listing ID: |
30638479 |
| Gross Land Area: |
319 Acres
|
| Sale Price: |
$2,100,000 |
| Unit Price: |
$6,583 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
12/23/2020 |
Overview / Comments
|
Excellent investment. There is no doubt that the City of El Paso is growing in the direction of these 319 acres. Before you know it, it will be surrounded by houses. This is due to all the "paper lots" south of this property, that are almost impossible to develop. Investors and developers are looking for the large tracts of land, such as this one. This is the next large tract of land for sale. There are currently no utilities, except for electricity, of course.
|
Additional Details
| Nearest MSA: |
El Paso |
| County: |
El Paso |
| Taxing Authority: |
El Paso |
| Tax ID/APN: |
X57800020200500 |
| Zoning: |
NO ZONING |
| Property Visibility: |
Excellent |
| Legal Description: |
78 TSP 2 SEC 2 T & P SURV #7220 2 (319.24 AC) & 3 (0.06 AC) (319.30 AC) |
| Largest Nearby Street: |
Montana |
| Feet of Frontage: |
790 |
| Lot Frontage: |
790 Ft |
| Lot Depth: |
4,800 Ft |
| Zoning Description: |
No Zoning |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
4,244 |
17,927 |
| Median Age: |
27.61 |
28.17 |
| Households: |
1,086 |
4,969 |
|
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