12210 Montwood DrEl Paso, TX 79928

  • Retail properties
  • 43,313 SF
For Lease

Property Details for 12210 Montwood Dr

Year built
2006
Lot size
5.87 AC
Property size (Sq ft)
43,313 SF
Zone code
C4C
Property type
Retail properties
Property subtype
Strip malls
APN
E361-999-0010-0100
APU
E36199900100100

Description

El Paseo Marketplace Building A offers 16,250 square feet of prime retail space in El Paso County, Texas. This single-story building features two suites, with a minimum divisible space of 1,625 square feet and a maximum contiguous space of 3,250 square feet. Currently, 4,550 square feet are vacant, offering excellent opportunities for multiple tenants or a single large occupant. The property is conveniently located near major restaurants and businesses, ensuring high foot traffic and visibility. The address is easily accessible via Joe Battle. Individual suite sizes range from approximately 1,300 to 5,000 square feet, providing flexibility for various business needs. Property taxes are $5 per square foot. This is an exceptional opportunity to establish or expand your retail presence in a thriving commercial area. The building's strategic location and ample space make it an ideal investment for businesses seeking high visibility and strong customer traffic. Don't miss this chance to secure your place in El Paseo Marketplace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,308,689
    6.5%
    $5,823,406
    7%
    $5,407,448
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,162,354
    Geo Method
    $18,162,354
  • Alternative Use

    Use
    Valuation
    Residential
    $4,912,260
    Hospitality
    $4,499,604
    Educational
    $3,743,618
    Medical
    $3,872,366
    Retail
    $5,823,406
12210 Montwood Dr, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.76
Longitude
-106.265
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
$106,532
$2,075,553
$1,624,947
$3,700,500
-
$2,075,553
$1,624,947
$3,700,500

FAQs

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