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500-540 Vin Salon

1.98 Acres of Commercial Land Offered at £1,690,209 in El Paso, TX 79912

Investment Highlights

  • Destination Retail Land
  • Live, Work, Play Environment; Smart-Code Development
  • High-End Mixed-Use Community

Executive Summary

Prime development land next to Top Golf and near iFly, Mutt's Cantina, and Boston's Pizza. Very efficient land use. No on-site ponding requirement. Great location on El Paso's westside with easy access to downtown, UTEP, and hospital district.

Property Facts

Price £1,690,209
Sale Type Owner User
Sale Conditions
Ground Lease Sold
  • Ground Lease (Leased Fee)
  • Design & Build
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Hotel
Total Lot Size 1.98 AC

1 Lot Available

Lot

Price £1,690,209
Price Per AC £853,641
Lot Size 1.98 AC

Three individual lots for sale as a package deal. Lots abut one of Montecillo's parks and are located next to Top Golf. Great site for destination retail, food hall, hotel, or mixed use project.

Description

Destination retail land available for sale or build-to-suit at Montecillo. Near Top Golf, iFly, and Boston’s Pizza this land is perfect for a restaurant, hotel, MedSpa, high-end retailer, experiential business, or mixed-use development. Take advantage of a one of a kind environment and regional draw from the co-tenants in the development. The recently opened, Elmont Resort, is the latest cutting edge business to open its doors to the public at Montecillo, El Paso’s premiere mixed-use and smart code development. The Elmont Resort provides first-class outdoor entertainment with a lazy river, water slides, pool, and private cabanas to beat the El Paso heat. The Elmont Event Center is scheduled to open later this year, providing a first-class venue for private or corporate events. The Developer is seeking the right concepts that will add to the growing mix of businesses and concepts elevating the entertainment and dining options for El Paso residents. Montecillo recently announced a new indoor and outdoor pickleball concept which is currently in design phase and expected to break ground later this year, 2023. Mutt’s Cantina is under construction and expected to open later this year. Mutt’s Cantina is a dog-friendly bar with two off-leash dog parks where dog owners and dog lovers can enjoy cold beverages in an inviting setting - a place where pets and pet lovers can both have fun adding to the family friendly entertainment options in the neighborhood. Inquire today to find out how you too can become part of the exciting and community enhancing projects at Montecillo.

zoning

Zoning Code SCZ - T5O (Smart Code Zoning - T5O)
SCZ - T5O (Smart Code Zoning - T5O)
  • Listing ID: 29030469

  • Date on Market: 17/07/2023

  • Last Updated:

  • Address: 500-540 Vin Salon, El Paso, TX 79912

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