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    El Paso Retail Opportunity

    12020 Montana Avenue El Paso, TX 79936

    Claim this Listing
    For Sale
    $1,300,000

    COMMERCIAL - El Paso, TX

    Property size:
    8,000 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $162/SF
    Added:
    May 5, 2026
    Days on Market:
    69
    Last Refresh:
    Jul 12 at 4:06 pm

    Property Features for 12020 Montana Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C3
    Fireplace
    1
    Standard status
    Active
    APN
    P91599900404600
    Size
    8,000 SF
    Lot size
    0.67 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    4 PUEBLO MONTANA #3 LOT 46 (29160.00 SQ FT)

    Building Details

    Floors in Building
    1

    Listing agent Anibal Olague License #0653430

    Listing office Cap Rate Real Estate Group 1035 Belvidere, Ste. 290, El Paso, TX

    Listing date May 5, 2026

    MLS# 943514

    Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    The property at 12020 Montana Avenue, El Paso, TX 79936 is an 8,000 SF freestanding building. Formerly a Family Dollar, it is located in a rapidly growing commercial area in East El Paso. The property features high visibility and convenient access. Its functional layout is adaptable for various uses, including event centers, party halls, grocery stores, fitness centers, or other community-focused retail and service businesses. The surrounding area within a 10-minute drive supports approximately 168,000 residents and nearly 60,000 housing units. The median disposable income is about $61,000. The trade area includes more than 2,700 businesses and a workforce concentrated in health care, education, retail, and services, driving strong daytime population and recurring traffic. The lot size is 0.67 acres. The zoning is C3.

    Key Highlights

    • High‑traffic location in a rapidly growing commercial area of East El Paso.
    • Large 8,000 SF freestanding building with a functional layout adaptable for various uses.
    • Strong visibility and convenient access.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $120.0k $15.00
    − Vacancy −$9.6k −$1.20
    EGI $110.4k $13.80
    − OpEx −$33.1k −$4.14
    NOI $77.3k $9.66
    8,000 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.10M
    $966.0K – $1.29M (±1% cap)
    NOI $77,280 @ 7.0% cap · market cap 5.94%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.69M
    $1.48M – $1.97M (±1% cap)
    NOI $118,479 @ 7.0% cap · market cap 9.11%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Discount Store

    Suggested Use

    Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply Electrical Service HVAC Service Bakery Grocery & Convenience Store Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Storefront property - Freestanding 8,000 SF building in active commercial area.
    Where is this storefront property located?
    The property is located at 12020 Montana Avenue El Paso, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: High‑traffic location in a rapidly growing commercial area of East El Paso.; Large 8,000 SF freestanding building with a functional layout adaptable for various uses.; Strong visibility and convenient access.
    Contact an agent
    (915) 443-8859
    We can help!
    Contact an agent
    Anibal Olague
    Anibal Olague
    Real Estate License ID: 0653430
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