525 LAFAYETTE Drive, El Paso, TX 79915
El Paso County
Key Facts
Description
Prime 1.39-acre commercial lot conveniently located off North Loop and Lafayette. Zoned A-2, this property offers outstanding development potential for multifamily or other permitted uses, subject to city approval and verification. Its strategic location provides excellent access to major roadways, established residential neighborhoods, schools, shopping, and other nearby amenities. Whether you're an investor or developer, this property presents an excellent opportunity in a growing area of El Paso. Buyers are encouraged to verify zoning, permitted uses, utilities, restrictions, setbacks, and all development requirements with the appropriate governmental authorities. Photos/renderings are for illustration purposes only and do not represent existing improvements or approved development plans for the property.
Property Information
Property Type
Commercial Sale
Lot Size
1.39 acres
Zoning
A2
Days on Market
3
MLS® Listing#
947163
Property Features
Heating
Financial Details
Parcel Number
L12599900306500
Affordability Calculator
$79,000
Estimated monthly payment
$2,102/mo
Principal $316,000 · Est. interest $440,848 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in El Paso, TX
- $324,170
- Median Listing Price
- 69
- Median Days on Market
- 1,937
- Median Sq Ft
- $169
- Median Price / Sq Ft
- 2,135
- Active Listings
- This home’s price is 22% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in El Paso, TX.
Location
Points of Interest in El Paso, TX
Showing the El Paso area map.
Nearby Schools
North Loop Elementary School
Elementary · 0.4 mi away
Cadwallader Elementary School
Elementary · 0.6 mi away
Hillcrest Middle School
Elementary · 0.7 mi away
Cesar Chavez Academy
School · 0.8 mi away
El Paso Catholic Schools
School · 0.9 mi away
Mesa Vista Elementary School
Elementary · 0.9 mi away
Constance Hulbert Elementary School
Elementary · 1.0 mi away
Ramona Elementary School
Elementary · 1.0 mi away
Sageland Elementary School
Elementary · 1.0 mi away
Loma Terrace Elementary School
Elementary · 1.0 mi away
Bel Air High School
Secondary · 1.2 mi away
Pasodale Elementary
Elementary · 1.2 mi away
Pasodale Elementary School
Elementary · 1.2 mi away
Riverside High School
Secondary · 1.3 mi away
Thomas Manor Elementary School
Elementary · 1.3 mi away
Bel Air Middle School
Secondary · 1.4 mi away
Hacienda Heights Elementary School
Elementary · 1.4 mi away
Premier High School - El Paso Eastpointe
Secondary · 1.5 mi away
New Horizons Home School & Academy
School · 1.5 mi away
David L Carrasco Job Corps Center
Secondary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 14204 OTTER POINT Court, El Paso, TX | $277,875 | 4 | 3 | 2,473 |
| 14917 TIERRA ISAIAH Avenue, El Paso, TX | $278,000 | 4 | 2 | 1,685 |
| 545 Paseo De La Reina Street, El Paso, TX | $278,380 | 3 | 2 | 1,381 |
| 1015 Fm 960 Road, El Campo, TX | $279,000 | 1 | 1 | 2,800 |
| 4637 LA LUZ Avenue, El Paso, TX | $279,000 | 3 | 2 | 1,550 |
| 15540 SALT BUSH Drive, El Paso, TX | $279,000 | 4 | 3 | 3,464 |
Moving Cost Estimate
EXIT Agents in El Paso
Listing Courtesy: Brokers Inc Real Estate Group - 9152228808