5056 Alameda AveEl Paso, TX 79905

Property Details for 5056 Alameda Ave

Lot size

0.70 AC

Property type

Other commercial real estate

APN

A443-999-0010-0100

APU

A44399900100100

Description

This exceptional 0.75-acre commercial land parcel, located at 5056 Alameda Ave, El Paso, TX 79905 (APN: X011-999-000C-6950), presents a unique investment opportunity. Zoned SCZ-T6, this property boasts a prime location at the corner of Alameda and Paisano Avenues, experiencing combined daily traffic exceeding 25,000 vehicles. Its strategic position directly across from the Texas Tech Medical Campus, and within a quarter-mile of El Paso Children's Hospital and University Medical Center, places it within a thriving, gentrified medical office area. The 31,800 square foot lot offers ample space for a new construction, potentially accommodating a 7,000 square foot building. The design incorporates a desirable 5-to-1 parking ratio, ensuring convenient parking for all. This versatile property is ideal for various medical or retail ventures, offering high visibility and strong potential for long-term value. The asking price is $799,000. Consider this property for purchase or a build-to-suit lease. This is a rare opportunity to establish a presence in a highly sought-after El Paso location.

• Alternative Use

  Use

  Valuation

  Residential

  $3,443,334

  Hospitality

  $3,154,076

  Educational

  $2,624,154

  Medical

  $2,714,402

  Retail

  $4,082,017

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7691

Longitude

-106.43

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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