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$498,000

NAL Estimated Property Value

400 ASCENCION Street A, El Paso, TX, 79928

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CommercialInfo
Baths0 Bath

About this property

Looking for a place to operate your business or looking for a commercial property to hold for different types of businesses? Located in an area of current residential and commercial development. Take advantage of this incredible 2.32 acres featuring 2 warehouses, an unfinished 4 commercial spaces that is 40% done, a place that can be offices on the first floor and an apartment in the top, you can also buy the recycling business, machinery, etc etc . This property is ideal for commercial developments, warehouse, automotive shop, transportation, construction/landscaping yard, etc. Located within close proximity to the growing area of Horizon. This lot can be purchased individually for $525,000 or sold together with an adjacent 5 Acre lot for a total of 7.32 acres for a price of $855,000. Take advantage of this place with uncapped potential.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in El Paso

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El Paso

El Paso is one of Texas’ most unique housing markets, combining affordability, military employment, international trade, and a strong regional identity. Located on the U.S.–Mexico border, the city serves as a major center for logistics, healthcare, education, manufacturing, and defense-related industries.

The city’s housing market is supported by the presence of Fort Bliss, one of the largest military installations in the United States. Compared to many other Texas metros, El Paso offers relatively affordable homeownership opportunities while maintaining stable demand from local residents, military personnel, and investors.

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Population Growth

Population Growth

0.6%

Net Migration

Net Migration

Stable

Median Home Price

Median Home Price

$184,500

Unemployment Rate

Unemployment Rate

4.0%

Price Trend

Price Trend

+1.6% YoY

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New Permits

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City: El Paso

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400 ASCENCION Street A | Property Details | No Agent List