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N Zaragoza Road - North Zaragoza 10 Acre Commercial Land

10 Acres of Commercial Land Offered at £3,416,890 in El Paso, TX 79938

Investment Highlights

  • High Visibility Site on Heavy Traffic Corridor in East El Paso
  • Hard Corner of North Zaragoza Road and Augusta Drive
  • Available as a Whole or in Parcels

Executive Summary

This 10-acre vacant "C-4" zoned parcel has over 1,100 feet of frontage on North Zaragoza Road and over 700 feet of frontage on Augusta Drive. The site is level and benefits from a dedicated off-site stormwater ponding area, immediately adjacent. Can be sold in parcels or as a whole. The property is subdivided and is within the City of El Paso.

Property Facts

Price £3,416,890
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Apartment Units
  • Auto Dealership
  • Auto Repair
  • Bank
  • Carwash
  • Convenience Store
  • Daycare Centre
  • Fast Food
  • Medical
  • Restaurant
Total Lot Size 10.00 AC
Cross Streets Augusta Drive

1 Lot Available

Lot 1

Price £3,416,890
Price Per AC £341,689
Lot Size 10.00 AC

10 acres of vacant, level "C-4" zoned commercial land near the North Zaragoza and Montana Avenue interchange. Nearest cross streets are Augusta Drive on the north (abutting) and John Hayes Drive to the south. Off-site storm water pond available.

Description

This 10-acre, heavy-commercial-zoned parcel on the busy North Zaragoza Road corridor, near the interchange with Montana Avenue, can be purchased as a whole or in parcels. The property has been subdivided (platted) and is zoned "C-4". All utilities are at the property's perimeter. Contains a "hard corner" at Zaragoza Road and Augusta Drive and is adjacent to the new Panda Self Storage project. The site is 500 feet deep from North Zaragoza Road and has over 1,100 feet of frontage on that corridor. The site is fully developable, no on-site stormwater ponding required - a dedicated stormwater ponding area was created adjacent to the site and is operated and managed by the City of El Paso.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
L620-999-0230-0125
Land Assessment
£1,872,456
Improvements Assessment
£0
Total Assessment
£1,872,456

zoning

Zoning Code C-4 (Heavy Commercial Uses; Light Industrial; Warehousing)
C-4 (Heavy Commercial Uses; Light Industrial; Warehousing)
  • Listing ID: 32569997

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: N Zaragoza Road, El Paso, TX 79938

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