10762 Montana AveEl Paso, TX 79935

Property Details for 10762 Montana Ave

Year built

1981

Lot size

0.73 AC

Property size (Sq ft)

2,214 SF

Zone code

C-4

Property type

Commercial real estate

APN

X580-999-2380-7900

APU

X58099923807900

Description

This exceptional 31,903-square-foot commercial flex building, located at 10762 Montana Ave in El Paso, Texas, presents a unique investment opportunity. Currently operating as a collision center, this single-story structure sits on a 0.73-acre lot and boasts high visibility from Montana Ave, situated mid-block between Global Reach Dr. and Lee Trevino Dr. The property features a 2,200+ square foot building with a two-car garage, office space, and a sizable yard area. The property is 100% occupied under a gross lease agreement. The land value is $24.92 per square foot. The APN is X58099923807900. This property is zoned C-4, allowing for a wide range of business uses within the Central Commercial District of El Paso, making it an adaptable and versatile asset. The building's single-story design and ample space offer significant potential for various commercial ventures. This prime location in El Paso County, Texas, zip code 79935, offers excellent access and visibility, making it an ideal investment for discerning buyers seeking a high-return property in a thriving market. The property's current use as a collision center demonstrates its suitability for automotive-related businesses, but the flexible zoning opens doors to a multitude of other possibilities. This is a rare opportunity to acquire a substantial commercial property in a desirable El Paso location.

• CAP approach

  CAP return

  Valuation

  6%

  $248,622

  6.5%

  $229,497

  7%

  $213,104

• Comparable approach

  Method

  Valuation

  Relative Method

  $368,410

  Geo Method

  $368,410

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $449,050

  Retail / Commercial

  $230,814

  Mixed-Use / Specialty

  $230,420

  Hospitality / Lodging

  $169,609

  Office

  $229,497

  Institutional / Educational

  $239,697

  Residential Income

  $280,445

  Multifamily

  $333,976

  Automotive / Energy

  $205,454

  Parking / Income-Based Land

  $70,476.60

  Restaurant / Food Service

  $120,757

  Healthcare / Senior Housing

  $235,852

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7982

Longitude

-106.327

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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