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Railroad Drive - VACANT LAND - Railroad @ Lexington

3.36 Acres of Commercial Land Offered at $952,500 in El Paso, TX 79924

Investment Highlights

  • Level Development Site on Major Arterial in Northeast El Paso
  • 600-foot Frontage and Two Hard Corners
  • Heavy Zoning with no Conditions (M-1)

Executive Summary

Ideal development opportunity vacant land site with unrestricted M-1 zoning (Light Manufacturing) and 600 feet of frontage on major arterial in Northeast El Paso. Includes two (2) hard corners of Railroad Drive at Wren Drive and Lexington Drive. With frontage on the primary corridor serving Fort Bliss, headquarters of the 1st Armored Division of the US Army, and easy access to the El Paso International Airport and Cargo Terminal as well as the several ports of entry to/from Mexico, this site could be developed for many different uses: warehouses, manufacturing, business shop and yard, truck terminal, apartments, or retail. On-site ponding accommodates storm water surface flows and is shared with adjacent self storage project. Utilities are all available on perimeter of site. Subdivision plat not required. SALE PRICE RECENTLY UPDATED PER NEW BOUNDARY SURVEY AREA.

Property Facts

Price $952,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Multifamily
  • Apartment Units
  • Auto Dealership
  • Auto Repair
  • Truck Terminal
  • Warehouse
Total Lot Size 3.36 AC
Cross Streets Lexington Drive

1 Lot Available

Lot

Price $952,500
Price Per AC $283,482
Lot Size 3.36 AC

Approximately 3.36 acres +/- of M-1 zoned land, being a portion Lots 246, 247 and 248, South Parkland Addition to the City of El Paso, El Paso County, Texas

Description

Ideal vacant parcel on Railroad Drive in Northeast El Paso, zoned M-1, ready for development. Frontage on three (3) streets, includes two hard corners, excellent access and visibility. Shared on-site ponding area. Ten minutes to airport, ports of entry and Downtown El Paso.

zoning

Zoning Code M-1 (Light Manufacturing, unrestricted)
M-1 (Light Manufacturing, unrestricted)
  • Listing ID: 29462947

  • Date on Market: 9/7/2023

  • Last Updated:

  • Address: Railroad Drive, El Paso, TX 79924

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