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469 Kenazo - 17.84 Acres of Land Ready For Development

17.84 Acres of Commercial Land Offered at $5,000,000 in El Paso, TX 79928

Investment Highlights

  • Price per SF $6.50
  • A One-Acre Parcel Available for Purchase at the South Part of Property Fronting Kenazo, Call for Pricing
  • Taxes for 2023 $27,805
  • Total Acres 17.84

Financial Summary (Actual - 2023)

Annual Annual Per AC
Taxes $27,805 $1,558.58
Operating Expenses - -
Total Expenses $27,805 $1,558.58

Financial Summary (Actual - 2023)

Taxes
Annual $27,805
Annual Per AC $1,558.58
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $27,805
Annual Per AC $1,558.58

Property Facts

Price $5,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Healthcare
  • Master Planned Community
  • Neighborhood Center
Total Lot Size 17.84 AC

1 Lot Available

Lot

Price $5,000,000
Price Per AC $280,269
Lot Size 17.84 AC

BLK 4 TUSCANY PARK VILLAGE REPLAT A LOT 1 (PRIVATE PONDING)

Description

17.4 acres of prime land in Horizon City, zoned A-1. This strategic location offers incentives for apartment development, benefiting from proximity to Amazon and the burgeoning development on Eastlake. This property presents a lucrative opportunity in a rapidly growing area. The asking price is $6.50/SF, which is very affordable for an apartment development. It can be changed to residential for a prestige gated community. Don't miss the opportunity to buy this amazing property!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
T963-000-004A-0100
Land Assessment
$879,267
Improvements Assessment
$0
Total Assessment
$879,267
Annual Taxes
$27,805
Tax Year
2023

zoning

Zoning Code A-1 (This property was re-zoned to A-1)
A-1 (This property was re-zoned to A-1)
  • Listing ID: 32261687

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 469 Kenazo, El Paso, TX 79928

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