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341 Thorn Drive - 13.3 Acres Fronting I-10 Parcels Available 1 - 4 Acre Commercial Land Lots Offered at $697,129 - $7,311,271 CAD Per Lot in El Paso, TX 79932

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INVESTMENT HIGHLIGHTS

  • Highly Visible from Interstate 10
  • 13.3 Acres on Westside of El Paso
  • 1 Exit Before the Proposed New Amazon Distribution Center
  • Sitting on Two Corners, with Over 2,000 Feet of Frontage on Three Streets
  • Land Located in Coveted Area of El Paso
  • When Subdivided, the Prices will Increase, for A Hotel Willing to Sell Back 6 Acres for $3,000,000.00

EXECUTIVE SUMMARY

Location, location, location! This 13.3 acre property is perfectly situated on two corners, offering high visibility to Interstate 10 and three highly trafficked streets, ideal for your next commercial development. This is a coveted area in the Westside of El Paso, as there is no other land of this size available in the area.
BY APPOINTMENT ONLY.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes $105,367 $7,863.23
Operating Expenses - -
Total Expenses $105,367 $7,863.23

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes (CAD)
Annual $105,367
Annual Per AC $7,863.23
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $105,367
Annual Per AC $7,863.23

PROPERTY FACTS

Price $697,129 - $18,053,711 CAD
Sale Type Investment
No. Lots 7
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units - Condo
  • Hotel
  • Restaurant
  • Strip Centre
Total Lot Size 13.40 AC
Zoning R3 - This property is currently zoned R-3. We are in the process of re-zoning.

7 LOTS AVAILABLE

Lot 1

Price $2,708,193 CAD
Price Per AC $1,805,462.22 CAD
Lot Size 1.50 AC

S A & M G RR SURV 268 ABST 4707 TR 1 (5.0260 AC) & TR 2 (8.298 AC)

Lot 2

Price $1,692,771 CAD
Price Per AC $1,209,122.34 CAD
Lot Size 1.40 AC

Lot 3

Price $1,011,969 CAD
Price Per AC $843,307.60 CAD
Lot Size 1.20 AC

Lot 4

Price $939,362 CAD
Price Per AC $782,801.58 CAD
Lot Size 1.20 AC

Lot 5

Price $697,129 CAD
Price Per AC $697,128.93 CAD
Lot Size 1.00 AC

Lot 6

Price $3,693,015 CAD
Price Per AC $923,253.70 CAD
Lot Size 4.00 AC

Lot 7

Price $7,311,271 CAD
Price Per AC $2,358,474.59 CAD
Lot Size 3.10 AC

DESCRIPTION

Location, location, location! This 13.3 acre property is perfectly situated on two corners, offering high visibility to Interstate 10 and three highly trafficked streets, ideal for your next commercial development. This is a coveted area in the Westside of El Paso, as there is no other land of this size available in the area. This property also has access to the surrounding residential areas, and is accessible right off the I-10 ramp through the gateway (S Desert Blvd). The ramp is currently under construction and will be beautiful once finished. At full price, the owner will complete a full demolition of all the buildings.

  • Listing ID: 33436811

  • Date on Market: 2024-10-07

  • Last Updated:

  • Address: 341 Thorn Drive, El Paso, TX 79932

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