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    12301 Montana Ave El Paso, TX 79938

    For Sale
    Contact for pricing

    El Paso Retail Pad Sites - High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional opportunity presents three vacant pad sites totaling 760,668 square feet, ideally situated at 12301 Montana Ave, El Paso, Texas, 79938. Located on the highly visible corner of Montana and Justice Avenues (Tierra Este), this prime retail location benefits from exceptional visibility and convenient east access and egress. The property is zoned C4 and offers significant potential for restaurant or storefront development. The site enjoys a strategic position across from a Walmart Supercenter and Lowe's, ensuring high traffic volume and strong consumer draw. This thriving commercial area boasts a diverse range of established businesses, including PetSmart, Peter Piper Pizza, Cinemark, Famous Dave's, Carnitas Queretaro, Chase Bank, Chick-fil-A, Taco Bell, Burger King, Whataburger, and Popeye's, creating a robust and complementary retail environment. The substantial lot size allows for significant flexibility in development plans, catering to a variety of retail concepts. This is an unparalleled chance to establish a presence in a rapidly growing area with exceptional visibility and strong anchor tenants. Don't miss this opportunity to capitalize on the high-demand retail market in El Paso.

    Property Features for 12301 Montana Ave

    General Information

    Property type
    Individual retail properties

    HighLights

    • Three vacant pad sites totaling 760,668 square feet.
    • Located at 12301 Montana Ave, El Paso, TX 79938, on the highly visible corner of Montana and Justice Avenues.
    • C4 zoning allows for restaurant or storefront development.
    • High traffic volume due to proximity to Walmart Supercenter and Lowe's.
    • Strong retail environment with nearby businesses including PetSmart, Cinemark, and several fast‑food restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bitstop Bitcoin ATM Crypto Atm Athena Bitcoin ATM Atm Bitcoin of America ATM Currency Exchange Service Mi ranchito Breakfast Restaurant Chevron El Paso ... Gas Company

    Suggested Use

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

    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
    -106.2593395
    Latitude
    31.808216

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    FAQs

    What type of property is this?
    Individual retail property - El Paso Retail Pad Sites - High Visibility
    Where is this individual retail property located?
    The property is located at 12301 Montana Ave El Paso, TX.
    What are key features of this property?
    This property features: Three vacant pad sites totaling 760,668 square feet.; Located at 12301 Montana Ave, El Paso, TX 79938, on the highly visible corner of Montana and Justice Avenues.; C4 zoning allows for restaurant or storefront development.
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    El Paso, TX 79938
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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
    12301 Montana Ave El Paso, TX 79938
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