9 Acres on Edgemere

Vacant Land for Sale
Catylist Listing ID: 30295859
Gross Land Area: 9 Acres
Sale Price: $1,500,000
Unit Price: $166,666 Per Acre
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 6/7/2019

Overview / Comments

This property will gain value really quick. We have 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.

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: X57800020703100
Largest Nearby Street: Edgemere
Site Description: -IDEA Charter School will open soon -Edgemere Blvd. will be opened (May 2018) giving access to more than 7,000 families -Water and sewer to this lot without annexing the property -5,000 new residential lots being built all around the property
Area Description: https://youtu.be/GP1iXARN0zA - Video of property https://youtu.be/p2Ke4mu4Vkc - TexDOT project for the area
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,304 16,961 67,460
Median Age: 28.44 27.35 27.38
Households: 1,107 4,711 18,016


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