13690 Montana AveEl Paso, TX 79938
- Retail properties
- 2,000 SF
Property Details for 13690 Montana Ave
- Year built
- 2001
- Lot size
- 5.00 AC
- Property size (Sq ft)
- 2,000 SF
- Property type
- Retail properties
- Property subtype
- Gas stations
- APN
- X579-000-2250-2750
- APU
- X57900022502750
Description
This exceptional 12.25-acre commercial land parcel presents a remarkable investment opportunity in El Paso, Texas. Located at 13690 Montana Ave, this raw land boasts significant frontage on Montana Avenue, measuring 897.59 feet. Its strategic location at the southeast corner of Zaragoza and Montana offers unparalleled visibility and accessibility. The property is ideally suited for a variety of commercial developments, including retail spaces. Its proximity to major transportation arteries enhances its appeal. Specifically, it's conveniently situated within minutes of Loop 375, Interstate 10, US 54, and the Ysleta Port of Entry, providing easy access to regional and international markets. The asking price for this expansive tract is $1,795,000. Given its size, location, and accessibility, this property represents a compelling opportunity for developers seeking a high-impact commercial project in a rapidly growing area of El Paso. The property is zoned for commercial use (verification required by buyer). No existing structures are present on the site, allowing for complete design flexibility. This presents a blank canvas for a visionary development project. The property is situated in El Paso County, Texas, with a zip code of 79938.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $291,307
- 6.5%
- $268,899
- 7%
- $249,692
-
Comparable approach
- Method
- Valuation
- Relative Method
- $838,656
- Geo Method
- $838,656
-
Alternative Use
- Use
- Valuation
- Residential
- $226,826
- Hospitality
- $207,772
- Educational
- $172,863
- Medical
- $178,809
- Retail
- $268,899
Location Insight
- City
- El Paso
- County
- El Paso
- State
- Texas
- Latitude
- 31.8137
- Longitude
- -106.207
- CBSA code
- 21340
- CBSA name
- EL PASO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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