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$1.56

7729 Lockheed Drive, El Paso, TX, 79925

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About this property

This 0.47-acre long term ground lease opportunity at 7729 Lockheed Dr. offers a vacant, commercially-zoned site ideal for retail or service-oriented development in El Paso's East submarket, near El Paso International Airport and major employment centers. The highest and best use is the construction of a retail development supported by C-2 Community Commercial zoning and the surrounding mix of industrial, office, and retail properties, making it attractive for quick-service restaurant, convenience retail, service/office, or small showroom concepts that benefit from strong daytime population and airport-related traffic. The site comprises approximately 20,550 square feet of usable land, generally rectangular in shape and level at street grade, with about 300 feet of frontage along Lockheed Dr. providing flexible site planning and multiple access options, subject to city approval.

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Anibal Olague

Cap Rate Real Estate Group

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Financing Details

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

City: El Paso

7729 Lockheed Drive | Property Details | No Agent List