12301 Montana AveEl Paso, TX 79938

Property Details for 12301 Montana Ave

Year built

2012

Lot size

2.03 AC

Property size (Sq ft)

5,950 SF

Zone code

C4

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

H325-999-0010-0100

APU

H32599900100100

Description

This exceptional retail opportunity presents two pad sites available for sale or lease at the highly visible corner of Montana and Justice Avenues in the rapidly growing Tierra Este area of El Paso County. Boasting a combined lot size of 760,668 square feet, these pads offer unparalleled visibility and accessibility. Each site offers a minimum of 22,500 square feet and a maximum contiguous space of 46,000 square feet, providing flexibility for a variety of retail concepts. The location benefits from exceptional visibility and convenient east access and egress. This prime location is directly across from a Walmart Supercenter and Lowe's, ensuring high traffic volume and exposure to a large customer base. The surrounding area is thriving with a diverse mix of established retailers, including PetSmart, Peter Piper Pizza, Cinemark, Famous Dave's, Carnitas Queretaro, Chase Bank, Chick-fil-A, Taco Bell, Burger King, Whataburger, and Popeye's, creating a synergistic and attractive retail environment. This is an ideal opportunity for businesses seeking high visibility and strong potential for growth in a dynamic and densely populated area. The property is categorized as a shopping center with multiple tenancy options. Contact us today to learn more about this exceptional retail investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $866,638

  6.5%

  $799,974

  7%

  $742,833

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,495,002

  Geo Method

  $2,495,002

• Alternative Use

  Use

  Valuation

  Residential

  $674,808

  Hospitality

  $618,120

  Educational

  $514,269

  Medical

  $531,955

  Retail

  $799,974

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.8083

Longitude

-106.259

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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