12295 Pellicano DrEl Paso, TX 79936

Property Details for 12295 Pellicano Dr

Year built

2009

Lot size

5.87 AC

Property size (Sq ft)

9,600 SF

Zone code

C-4

Property type

Commercial real estate

APN

A537-999-0010-0200

APU

A53799900100200

Description

Pellicano Plaza, located at 12295 Pellicano Dr., offers exceptional retail space in a rapidly developing area of El Paso County. This single-story, 4,800 square foot shopping center features multiple tenancies, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,800 square feet. The property is zoned C-4, allowing for a variety of retail uses. Its strategic location at the southeast corner of Joe Battle Blvd. (Loop 375) and Pellicano Dr. provides unparalleled visibility and accessibility. The intersection boasts a combined daily traffic count exceeding 69,000 vehicles. This high-traffic area is further enhanced by its proximity to a Speedway gas station and convenience store, and directly across from a newly approved 30+ acre mixed-use development anchored by an Alamo Drafthouse Cinema. This development will include additional retail spaces and multi-tenant residential buildings, ensuring a thriving and growing customer base. Pellicano Drive is currently undergoing widening to accommodate increased traffic flow, making this location even more accessible as a key corridor to Horizon City. No elevators are present in this single-story building. This presents a unique opportunity for businesses seeking high visibility and strong potential for growth in a dynamic and expanding market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,078,030

  6.5%

  $995,108

  7%

  $924,029

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,597,440

  Geo Method

  $1,597,440

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,947,100

  Retail / Commercial

  $1,000,820

  Mixed-Use / Specialty

  $999,110

  Hospitality / Lodging

  $735,433

  Office

  $995,108

  Institutional / Educational

  $1,039,330

  Residential Income

  $1,216,020

  Multifamily

  $1,448,140

  Automotive / Energy

  $890,858

  Parking / Income-Based Land

  $305,590

  Restaurant / Food Service

  $523,608

  Healthcare / Senior Housing

  $1,022,660

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.7273

Longitude

-106.269

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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