9915 Montana AveEl Paso, TX 79925

  • Strip malls
  • 4,950 SF
For Lease
$15/SF/YR View listing

Property Details for 9915 Montana Ave

Year built
1978
Lot size
0.35 AC
Property size (Sq ft)
4,950 SF
Zone code
C4
Property type
Strip malls
Property subtype
Neighborhood centers
APN
I326-999-0020-1100
APU
I32699900201100

Description

This versatile 1,200 square foot commercial space, located at 9915 Montana in El Paso, Texas, presents a unique opportunity. Situated within a larger 4,950 square foot building, this inline retail/office/flex space offers a blend of functionality and convenience. Built in 1978 and renovated in 2000, the property boasts a desirable C4 zoning classification within El Paso County. The space features a convenient grade-level roll-up door, perfect for easy loading and unloading, complemented by ample parking for tenants and their clients. A small yard adds extra utility. The asking rate is $15 per square foot. The property is zoned C4, allowing for a variety of uses. The building itself is multi-tenant, providing a collaborative environment. The available space is part of a larger building totaling 4,950 square feet. The property's address is 9915 Montana, El Paso, TX 79925. This location offers excellent access to key transportation routes and local amenities. This is an ideal space for businesses seeking a flexible and functional workspace in a thriving El Paso location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $559,052
    6.5%
    $516,048
    7%
    $479,187
  • Comparable approach

    Method
    Valuation
    Relative Method
    $856,627
    Geo Method
    $856,627
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,003,970
    Mixed-Use / Specialty
    $515,166
    Hospitality / Lodging
    $379,207
    Office
    $513,103
    Institutional / Educational
    $535,907
    Residential Income
    $627,011
    Multifamily
    $746,695
    Automotive / Energy
    $459,349
    Parking / Income-Based Land
    $157,570
    Restaurant / Food Service
    $269,985
    Healthcare / Senior Housing
    $527,311

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7962
Longitude
-106.351
CBSA code
21340
CBSA name
EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,653
$89,215
$223,577
$312,792
-
$89,215
$223,577
$312,792

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