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5005 Alameda Ave 0.69 Acres of Commercial Land Offered at $3,105,922 CAD in El Paso, TX 79905

Commercial Land Properties Texas El Paso 5005 Alameda Ave, El Paso, TX 79905

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INVESTMENT HIGHLIGHTS

  • High traffic area
  • Versatile Use
  • Ideally Located

EXECUTIVE SUMMARY

Prime investment opportunity at the high-traffic intersection of Alameda and El Paso in Texas. This 0.69-acre asphalt lot, zoned CBD, offers exceptional potential for redevelopment into a 400-unit residential and retail multifamily project. With up to 10,000 SF of commercial space possible, the site is ideal for mixed-use development in a rapidly growing urban corridor. Don’t miss this chance to capitalize on a rare, centrally located parcel with strong upside.

PROPERTY FACTS

Price $3,105,922 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Carwash
  • Drugstore
  • Fast Food
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
No. Lots 1 Total Lot Size 0.69 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C4 - Central Business District
Price $3,105,922 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Carwash
  • Drugstore
  • Fast Food
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.69 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning C4 - Central Business District

1 LOT AVAILABLE

Lot

Price $3,105,922 CAD Lot Size 0.69 AC
Price Per AC $4,509,800.40 CAD
Price $3,105,922 CAD
Price Per AC $4,509,800.40 CAD
Lot Size 0.69 AC

0.69-acre asphalt lot located at the intersection of Alameda and El Paso in Texas. Zoned CBD, this parcel offers excellent visibility and accessibility in a high-traffic area.

DESCRIPTION

Strategically located at the intersection of Alameda and El Paso, this 0.69-acre asphalt lot presents a rare investment opportunity in a high-traffic corridor. Directly across from the Texas Tech Medical Campus and just 25 minutes from Texas Tech University, the site offers prime visibility and access to a steady flow of students and medical professionals. Zoned CBD and adjacent to a health and services building, the property is ideal for redevelopment into a 400-unit residential/retail multifamily project with up to 10,000 SF of commercial space. Featuring high fencing and excellent infrastructure, this parcel is perfectly positioned for a transformative mixed-use development.

1 1
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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measures access to public transit. Bike Score®
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PROPERTY TAXES

Parcel Number X011-999-000C-1700 Improvements Assessment $77,705 CAD
Land Assessment $344,009 CAD Total Assessment $421,714 CAD

PROPERTY TAXES

Parcel Number
X011-999-000C-1700
Land Assessment
$344,009 CAD
Improvements Assessment
$77,705 CAD
Total Assessment
$421,714 CAD
(918) 835-8008

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 36559697

  • Date on Market: 2025-07-01

  • Last Updated:

  • Address: 5005 Alameda Ave, El Paso, TX 79905

The Sambrano Land Property at 5005 Alameda Ave, El Paso, TX 79905 is currently available. Contact Zilm Realty for more information.

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5005 Alameda Ave
(918) 835-8008 x

5005 Alameda Ave

Robert Zilm
(918) 835-8008

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