This 0.69-acre paved lot at 5005 Alameda Avenue in El Paso, TX offers an exceptional investment opportunity in one of the city’s fastest-growing urban corridors. Located at the intersection of Alameda Avenue and El Paso Drive, the property delivers rare frontage and outstanding accessibility. All essential infrastructure is available, creating a development-ready site in a dynamic, high-traffic area. The parcel is zoned SCZ-T5 (SmartCode), allowing for flexible, higher-density uses. Development potential includes 200 to 400 multifamily residential units with an allowance for up to 10,000 square feet of ground floor commercial space. location is highly advantageous: directly across from Paul Foster Texas Tech Medical Campus and only ten minutes from the University of Texas at El Paso (UTEP), including medical professionals, students, and patients on a 24/7 basis. Situated within a federally designated Opportunity Zone, this site offers compelling tax advantages for investors pursuing long-term capital gains strategies. The surrounding corridor has experienced significant revitalization, driven by medical, educational, and mixed-use expansions, making this a prime candidate for transformative development in El Paso's urban core.