2518 Partello StEl Paso, TX 79930

For Sale
$350,000

Prime El Paso residential land, ideal for multifamily development.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 1.82-acre parcel, located at 2518 Partello Street, El Paso, Texas 79930, presents a compelling investment opportunity. Zoned A2, this flat, buildable lot offers significant potential for multifamily construction. Its strategic location near Austin High School, one of the largest schools in the area, ensures high demand and strong rental prospects. Proximity to Fort Bliss and Highway 54 provides convenient access to all parts of El Paso. The land is priced at $350,000, translating to a land value of $4.40 to $4.41 per square foot. The property's Assessor Parcel Numbers (APNs) are G686999909200600, G68699909100000, and G68699909201100. This sale qualifies for a 1031 exchange. The property's convenient location and buildable nature make it an attractive option for developers seeking to capitalize on the area's growing multifamily housing needs. The flat topography simplifies development, minimizing site preparation costs. This is a rare opportunity to acquire a substantial residential lot in a high-demand El Paso location.

Property Details for 2518 Partello St

Property type
Other land, Land
Lot Size (sq. ft)
79,279 SF

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7988948
Longitude
-106.445428
2518 Partello St, El Paso, Texas

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2518 Partello St
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