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    1571 Resler Dr El Paso, TX 79912

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    For Lease
    Contact for pricing

    Prime El Paso Retail & Office Opportunity

    Lot size:
    92,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Canyons at Cimarron presents a unique investment opportunity in Northwest El Paso. This 92,000 square foot, mixed-use development features a vibrant "Main Street" concept with a roundabout, walking paths, and bike trails. The property boasts a combination of in-line and free-standing buildings, offering retail spaces ranging from 1,170 to 4,941 square feet and professional office spaces from 2,500 to 16,400 square feet. Currently, 4,430 square feet of space is available, with minimum divisible units of 1,907 square feet and a maximum contiguous space of 2,523 square feet. The development is situated within the rapidly growing Cimarron residential community, boasting over 1,800 homes either built or under construction, and is adjacent to a planned 200-unit apartment complex. Ample parking is provided with 575 spaces, a 6.25:1,000 ratio. The property's design incorporates a walkable community atmosphere with a youth play area, public art, outdoor seating, trellis features, and extensive landscaping. This one-story building offers a variety of spaces suitable for coworking, medical offices, creative offices, restaurants, and neighborhood center uses. The development's unique architecture and inviting atmosphere create a relaxing environment for gathering, dining, and shopping.

    Property Features for 1571 Resler Dr

    General Information

    Property type
    Community centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    92,000 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 200
    Size
    1,000 SF
    Space
    Suite 300
    Size
    2,523 SF
    Space
    Building 9
    Size
    1,907 SF

    HighLights

    • 92,000 square foot mixed‑use development in El Paso County.
    • Offers retail, office, and coworking spaces; minimum divisible space is 1,907 square feet, with a maximum contiguous space of 2,523 square feet.
    • Currently, 4,430 square feet of space is vacant.
    • Features 575 parking spaces, a 6.25:1,000 ratio.
    • One‑story building with a "Main Street" design, including a roundabout, walking paths, and bike trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Weeks Roofing and Remodeling Roofing Contractor

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    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
    -106.57160276
    Latitude
    31.88555025

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    FAQs

    What type of property is this?
    Community center - Prime El Paso Retail & Office Opportunity
    Where is this community center located?
    The property is located at 1571 Resler Dr El Paso, TX.
    What are key features of this property?
    This property features: 92,000 square foot mixed-use development in El Paso County.; Offers retail, office, and coworking spaces; minimum divisible space is 1,907 square feet, with a maximum contiguous space of 2,523 square feet.; Currently, 4,430 square feet of space is vacant.
    Request Owner's contact information
    1571 Resler 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
    1571 Resler Dr El Paso, TX 79912
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