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    12363 Pellicano Dr El Paso, TX 79928

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    For Sale
    $2,650,000

    1.19 AC lot in El Paso's warehouse construction boom.

    Property size:
    4,318 SF
    Lot size:
    1.18 Acres

    Property Features for 12363 Pellicano Dr

    General Information

    Size
    4,318 SF
    Lot size
    1.18 Acres
    Source: Moodyscre

    Listing Agent: Chuck Klein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    El Paso Commercial Land Available

    This property features a 1.19 ± acre lot. The El Paso area is experiencing significant growth in warehouse and distribution construction, with over 5 million square feet of industrial space under construction at the end of 2023. This expansion is largely driven by the increasing manifesting industries located across the border in Juárez.
    Location Intelligence

    Current Use by Public Records

    McDonald's Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.258192
    Latitude
    31.723482

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    FAQs

    What type of property is this?
    Commercial land - 1.19 AC lot in El Paso's warehouse construction boom.
    Where is this commercial land located?
    The property is located at 12363 Pellicano Dr El Paso, TX.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - 1.1.19 ± AC Lot Size; - Located in El Paso area; - Record-setting warehouse and distribution construction boom in El Paso
    (858) 449-9922
    Request Owner's contact information
    12363 Pellicano Dr El Paso, TX 79928
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12363 Pellicano Dr El Paso, TX 79928
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