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    Sunland Park Dr El Paso, TX 79912

    Sponsored
    For Lease
    $120 SF/Yr

    80,000 SF, 5 Acres, High Traffic

    Lot size:
    80,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 80,000 square foot, two-story building presents a unique investment opportunity. Situated on a 5-acre lot in a thriving shopping center, this property offers unparalleled potential for a variety of uses. Previously utilized as retail space, the building's expansive layout is ideally suited for redevelopment as a family entertainment center, restaurant, or other special purpose venue. The property features convenient access with an escalator, guest elevator, and freight elevator, ensuring smooth operations. Ample parking is provided with 200 spaces, accommodating large crowds. The building was constructed in 1992 and is currently entirely vacant, allowing for complete customization to suit the buyer's vision. The C-3 zoning provides flexibility for a range of commercial uses. The property's prime location within a busy shopping area guarantees high foot traffic and visibility, creating a strong foundation for a successful venture. The property's size and amenities make it an attractive option for businesses seeking a large, well-located space with significant development potential. The parcel number is P39599900404025. This is a rare opportunity to acquire a substantial property in a high-demand location.

    Property Features for 0 Sunland Park Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,000 SF
    Total Rate
    800000

    Building Details

    Year Built
    1992
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    80,000 SF
    Rate per SF
    $120

    HighLights

    • Retail, Restaurant, or Special Purpose property totaling 80,000 square feet.
    • Single‑tenant occupancy with 80,000 square feet vacant.
    • Five‑acre site with 200 parking spaces.
    • Two‑story building constructed in 1992, featuring elevators.
    • C‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.54235360319
    Latitude
    31.815423157915

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    FAQs

    What type of property is this?
    Restaurant - 80,000 SF, 5 Acres, High Traffic
    Where is this restaurant located?
    The property is located at Sunland Park Dr El Paso, TX.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    What are key features of this property?
    This property features: Retail, Restaurant, or Special Purpose property totaling 80,000 square feet.; Single-tenant occupancy with 80,000 square feet vacant.; Five-acre site with 200 parking spaces.
    Request Owner's contact information
    Sunland Park Dr El Paso, TX 79912
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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
    Sunland Park Dr El Paso, TX 79912
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