1725 Arizona Ave
Vacant 4,890 SF Historic Estate. Flexible AOH Zoning Near UTEP & Medical | Value-Add Potential
Marketing description
Own a definitive piece of El Paso's storied past. Built in 1906, this distinguished Classical Revival estate—the historic Albert B. Fall Mansion—stands as a proud architectural anchor in the Golden Hill neighborhood. Positioned within a Federal Opportunity Zone, it offers a powerful financial vehicle for savvy investors looking to maximize substantial tax advantages and long-term capital gains deferrals.
Featuring an adaptable 4,890 SQ FT footprint plus a 2,374 SQ FT basement, this asset is primed for creative transformation. The flexible Apartment/Office Historic zoning perfectly accommodates high-end professional offices, medical or therapy clinics, a boutique corporate headquarters, or a luxury multi-family conversion, seamlessly blending historic character with modern utility.
Capitalize on a premier central location offering exceptional visibility and effortless connectivity. Situated on an expansive corner lot directly adjacent to Downtown El Paso (DTEP) and key regional medical facilities like Kindred Hospital, this high-profile property positions your business or investment at the literal bridge of heritage and the thriving city center.
Investment highlights
- Federal Opportunity Zone Tax Advantages: Located within an active Opportunity Zone, providing qualified investors with significant avenues for substantial tax incentives, deferred capital gains, and long-term tax-free appreciation benefits.
- Flexible AOH (Apartment/Office Historic) Zoning: Highly adaptable zoning structure seamlessly accommodates premium creative office space, medical or professional clinics, boutique corporate headquarters, or high-density luxury multifamily redevelopment.
- Substantial Square Footage with Value-Add Potential: Features an expansive 4,890 SQ FT main structure paired with an additional 2,374 SQ FT basement, offering a highly customizable floor plan primed for high-yield adaptive reuse configuration.
- Strategic Core Location & High Visibility: Occupies a prominent corner lot directly bordering Downtown El Paso (DTEP) and the central medical district, ensuring exceptional drive-by exposure and immediate access to major regional thoroughfares.
- Irreplaceable Historic & Architectural Identity: Known as the iconic Albert B. Fall Mansion (built 1906), this distinct Classical Revival estate provides an automatic landmark identity and unique character that cannot be replicated by modern builds.
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