Freestanding Storefront
For Sale
$1,300,000
12020 Montana Avenue, El Paso, TX 79936
Commercial Sale, El Paso, TX
Property Size8,000 SF
Lot Size0.67 Acres
Price / SF$162.50
Days on Market164
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Property Features for 12020 Montana Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Fireplace
1
Subdivision
Pueblo Montana
Standard status
Active
APN
P91599900404600
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
4 PUEBLO MONTANA #3 LOT 46 (29160.00 SQ FT)
Legal Description
4 PUEBLO MONTANA #3 LOT 46 (29160.00 SQ FT)
Building Details
Floors in Building
1
Listing Agency:
Cap Rate Real Estate Group
Listed By:
Anibal Olague · License #0653430
(915) 443-8859
Added: May 5
Changed: Oct 2
Last Checked: Oct 15 at 4:06PM
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.
This freestanding storefront property occupies a 0.67-acre site at 12020 Montana Avenue in El Paso. The building was formerly occupied by Family Dollar and provides a broad, adaptable interior configuration suitable for concepts such as an event venue, party hall, grocery store, fitness facility, or community-oriented retail and service use. C3 zoning is in place.
The property is situated in East El Paso within a trade area described as having approximately 168,000 residents and nearly 60,000 housing units within a 10-minute drive. The surrounding area also includes more than 2,700 businesses, with employment concentrated in health care, education, retail, and services. The address is in ZIP code 79936.
The property is situated in East El Paso within a trade area described as having approximately 168,000 residents and nearly 60,000 housing units within a 10-minute drive. The surrounding area also includes more than 2,700 businesses, with employment concentrated in health care, education, retail, and services. The address is in ZIP code 79936.
Key Highlights
- 0.67‑acre site at 12020 Montana Avenue
- Freestanding storefront formerly occupied by Family Dollar
- C3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,280
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,545,600
$1.5M
Cap Rate 7%
$1,104,000
$1.1M
Cap Rate 9%
$858,667
$858.7K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$120.0K $15.00/SF
− Vacancy
−$9.6K −$1.20/SF
EGI
$110.4K $13.80/SF
− OpEx
−$33.1K −$4.14/SF
NOI
$77.3K $9.66/SF
Area
ZIP 79936
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,545,600
Cap Rate 7%
$1,104,000
Cap Rate 9%
$858,667
Alternative Uses
Best Use
Retail
$1.10M
$966.0K – $1.29M
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
NOI $118,479 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 51%
Shops & Services 23%
Dining 23%
Hotels & Casinos 2%
Lowe's
Home Improvements & Furnishings
38,526 visits/mo
0.4 miles
PetSmart
Shops & Services
12,440 visits/mo
0.3 miles
Burger King
Dining
10,106 visits/mo
0.5 miles
Wienerschnitzel
Dining
7,073 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,083 visits/mo
0.1 miles
Demographics for 79936, TX
105,150
Population
36,825
Households
2.9
Avg Household Size
37
Median Age
28%
College-Educated
86%
High-School Grad
25.9 sq mi
ZIP Area
4,060
Density / Sq Mi
$64,958
Median Household Income
$32,862
Median Earnings
$1,214
Median Rent
$169,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in El Paso, TX
Similar Off Market Nearby
- Beas Flowers and Gifts — 11720 Montana Ave Suite A5, El Paso, TX 79936
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail building with a flexible box layout and C3 zoning.
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: 0.67‑acre site at 12020 Montana Avenue; Freestanding storefront formerly occupied by Family Dollar; C3 zoning
