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1701 Murchison Dr - Beautiful Mountain Development Available

17 Acres of Commercial Land Offered at £784,410 in El Paso, TX 79902

Investment Highlights

  • Best views of downtown El Paso
  • In-field lots with benefits from the City of El Paso
  • An existing ramp to access the property
  • Two minutes away from downtown and hospital areas
  • All utilities near by.
  • Great privacy

Financial Summary (Actual - 2024)

Annual Annual Per AC
Taxes £8,735 £513.83
Operating Expenses - -
Total Expenses £8,735 £513.83

Financial Summary (Actual - 2024)

Taxes
Annual £8,735
Annual Per AC £513.83
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual £8,735
Annual Per AC £513.83

Property Facts

Price £784,410
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Community Centre
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
Total Lot Size 17.00 AC

1 Lot Available

Lot

Price £784,410
Price Per AC £46,142
Lot Size 17.00 AC

H F FISHER SURV 293 ABST 38 TR 34-A-5 (5.6840 AC) H F FISHER SURV 293 ABST 38 TR 34-A-7 (3.1665 AC) H F FISHER SURV 293 ABST 38 TR 34-A-6 (3.1191 AC) H F FISHER SURV 293 ABST 38 TR 34-A (5.255 AC)

Description

With no doubt, whoever develops this land will have the absolute best views in town. Located just below Scenic Drive, where people used to spend the afternoons watching the sunset in the 1940s, we have this beautiful 17 acres. We understand not everything can be developed, but if you can get a couple of acres developed, they will be the most amazing 2 acres in town!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
X293-999-F00A-5435
Land Assessment
£202,495 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£202,495 (2023)
Annual Taxes
£8,735
Tax Year
2024

zoning

Zoning Code AO (Office/Apartments and Planned Mountain Development zoning.)
AO (Office/Apartments and Planned Mountain Development zoning.)
  • Listing ID: 33663121

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 1701 Murchison Dr, El Paso, TX 79902

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