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N Zaragoza Road - North Zaragoza 6.46 Acres Commercial Land

6.46 Acres of Commercial Land Offered at $2,813,976 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 6.46 acre portion of a 10-acre vacant "C-4" zoned parcel has over 700 feet of frontage on North Zaragoza Road and more than 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 $2,813,976
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 Center
  • Fast Food
  • Medical
  • Restaurant
Total Lot Size 6.46 AC
Cross Streets Augusta Drive

1 LOT AVAILABLE

Lot 1

Price $2,813,976
Price Per AC $435,600.00
Lot Size 6.46 AC

6.46 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 6.46-acre, heavy-commercial-zoned parcel on the busy North Zaragoza Road corridor in East El Paso, near the interchange with Montana Avenue, can be purchased 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 and a 3.54-acre parcel recently placed under Contract. The site is 500 feet deep from North Zaragoza Road and has over 700 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 maintained by the City of El Paso.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
L620-999-0230-0125
Land Assessment
$2,387,088
Improvements Assessment
$0
Total Assessment
$2,387,088

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: 7/24/2024

  • Last Updated:

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

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