Strategically located at the intersection of Alameda and El Paso, this 0.69-acre asphalt lot presents a rare investment opportunity in a high-traffic corridor. Directly across from the Texas Tech Medical Campus and just 25 minutes from Texas Tech University, the site offers prime visibility and access to a steady flow of students and medical professionals. Zoned CBD and adjacent to a health and services building, the property is ideal for redevelopment into a 400-unit residential/retail multifamily project with up to 10,000 SF of commercial space. Featuring high fencing and excellent infrastructure, this parcel is perfectly positioned for a transformative mixed-use development.