This Land Property is no longer advertised on LoopNet.com.

0 Montana
El Paso, TX 79936
PRIME DEVELOPMENT LAND - 1,520 AC · Land For Sale · 1,520.00 AC

Investment Highlights

  • 1,520 acre parcel is primed for development
  • Largest Regional Military Complex in the United States – 3.2 Million Acres
  • 79936 zip code, which is among the top 5 most densely populated zip codes in the United States
  • 2.6 Million Regional population (CD. Juarez, CHIH, El Paso, Las Cruces, NM)
  • One of the only in-fill parcels available of its size in the area

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Master Planned Community
  • Medical
  • Amusement Park
  • Single Family Residence
Total Lot Size 1,520.00 AC
Cross Streets Global Reach Dr
Zoning N/A

Description

RARE Development Land Opportunity El Paso Texas. Nestled within the City’s primary growth corridor, this 1,520 acre parcel is primed for development. This is one of the few in-fill parcels available of its size in the area. With over 1.5 miles of frontage along Montana Ave. (bolstering nearly 50,000 VPD), the property presents a unique opportunity for mixed-use development and especially commercial development. Until now, scarcity of available land has been the primary reason for the existing retail gaps in the vicinity. This parcel also abuts the newly opened 1.13 million square foot Army Medical Center to the North, which could generate unique medical office development opportunities. Recently, the residential market in El Paso has been short of inventory and the outlook for current and future demand is on the rise. Additional benefits like lower cost of living found in the area, the bilingual influence within Texas’s largest border city, and the influx of new-to-market employers like Amazon and other global employers makes for an attractive mix which further supports the case for immediate development of this project. Just South of this parcel is the apex of the 79936 zip code, which is among the top 5 most densely populated zip codes in the United States. El Paso is a thriving, multicultural city with tremendous support for new and exciting developments. The outlook is bright for El Paso and this parcel is at the heart of its growth momentum.

  • Listing ID: 24853717

  • Date on Market: 1/17/2022

  • Last Updated:

  • Address: 0 Montana, El Paso, TX 79936

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