12708 Montana AveEl Paso, TX 79938

  • Commercial real estate
  • 16,000 SF
For Lease
$19/SF/YR View listing

Property Details for 12708 Montana Ave

Year built
2022
Construction
WOOD
Lot size
5.98 AC
Property size (Sq ft)
16,000 SF
Zone code
C4C
Property type
Commercial real estate
APN
M632-999-0010-0100
APU
M63299900100100

Description

This exceptional 35,200 square foot shopping center, situated at 12708 Montana Ave, El Paso, TX 79938, presents a prime retail opportunity. Completed in 2024, this two-building center offers multiple suites ranging from 800 to 8,000 contiguous square feet, ideal for a variety of businesses. The property boasts a highly desirable location within a revitalized commercial corridor, benefiting from exceptional traffic counts and visibility. Prominent neighboring businesses include McDonald's, Starbucks, Famous Dave's, and Dunkin' Donuts, ensuring high foot traffic and a strong customer base. The center's strategic placement between the Eastside Regional Park and the Cinemark East complex further enhances its accessibility and exposure. Major area developments, such as the Montana Corridor improvements and the new 92-acre Eastside regional sports and water park ("The Beast"), promise continued growth and increased traffic. The center currently features a diverse mix of retail, restaurant, and office tenants. Spaces are available for immediate occupancy. This is an unparalleled opportunity to establish a thriving business in a rapidly expanding area of El Paso.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,814,609
    Hospitality
    $1,662,172
    Educational
    $1,382,908
    Medical
    $1,430,468
    Retail
    $2,151,190
12708 Montana Ave, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.809
Longitude
-106.243
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
$90,219
$1,531,428
$1,602,432
$3,133,860
-
$1,531,428
$1,602,432
$3,133,860

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