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341 Thorn Drive - 13.3 Acres Fronting Interstate 10

13.3 Acres of Commercial Land Offered at $9,600,000 in El Paso, TX 79932

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 Annual Per AC
Taxes $76,166 $5,726.77
Operating Expenses - -
Total Expenses $76,166 $5,726.77

Financial Summary (Actual - 2024)

Taxes
Annual $76,166
Annual Per AC $5,726.77
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $76,166
Annual Per AC $5,726.77

Property Facts

Price $9,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units - Condo
  • Hotel
  • Restaurant
  • Strip Center
Total Lot Size 13.30 AC

1 Lot Available

Lot

Price $9,600,000
Price Per AC $721,805
Lot Size 13.30 AC

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

zoning

Zoning Code R3 (This property is currently zoned R-3. We are in the process of re-zoning.)
R3 (This property is currently zoned R-3. We are in the process of re-zoning.)
  • Listing ID: 33436811

  • Date on Market: 10/7/2024

  • Last Updated:

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

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