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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

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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

Unrestricted M-1 zoning (Light Manufacturing) and 600 feet of frontage on major arterial in Northeast El Paso, five minutes from Downtown and El Paso International Airport. 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 airport 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 level, graded site. Subdivision plat not required.

PROPERTY FACTS

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

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
Zoning	M-1 - Light Manufacturing, unrestricted

1 LOT AVAILABLE

Lot

Price	$952,500	Lot Size	3.36 AC
Price Per AC	$283,482.14

Price	$952,500
Price Per AC	$283,482.14
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.

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