1590 George Dieter DrEl Paso, TX 79936

Property Details for 1590 George Dieter Dr

Year built

1985

Lot size

3.86 AC

Property size (Sq ft)

41,998 SF

Zone code

C1

Property type

Outlet malls

APN

V893-999-3160-2200

APU

V89399931602200

Description

This exceptional 0.62-acre commercial land parcel presents a remarkable investment opportunity in El Paso, Texas. Strategically located at 1590 & 1594 George Dieter Dr, zip code 79936, this property boasts a highly desirable C-1 zoning designation, opening doors to a wide array of commercial development possibilities. Its prime location offers unparalleled visibility and accessibility, situated directly adjacent to a McDonald's restaurant on the corner of George Dieter Drive and Vista del Sol. The high traffic counts and dense residential population in the surrounding area ensure significant foot traffic and potential customer base. The property benefits from its proximity to established businesses, including a Big Lots and Goodwill anchor stores, along with a diverse range of other retailers. This location offers excellent potential for a variety of commercial uses, making it an ideal site for businesses seeking high visibility and convenient access to a thriving community. The property's size and zoning make it suitable for a range of developments, from smaller retail spaces to larger commercial buildings. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing area of El Paso. Don't miss out on this chance to secure a valuable asset in a highly sought-after location. The property is situated in El Paso County, Texas.

• CAP approach

  CAP return

  Valuation

  6%

  $6,117,155

  6.5%

  $5,646,604

  7%

  $5,243,276

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,610,938

  Geo Method

  $17,610,938

• Alternative Use

  Use

  Valuation

  Residential

  $4,763,122

  Hospitality

  $4,362,994

  Educational

  $3,629,960

  Medical

  $3,754,800

  Retail

  $5,646,604

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7509

Longitude

-106.301

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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