Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12301 Montana Ave El Paso, TX 79938

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    El Paso Retail Pad Sites - High Visibility

    Property Features for 12301 Montana Ave

    General Information

    Property type
    Individual retail properties

    We can help!

    Listing Contact
    Sergio E Tinajero
    Sergio E Tinajero

    Listing Agency: ELP Real Estate Group, LLC Listing Agent: Sergio E Tinajero

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

    Learn more

    Property Insight Report

    Overview

    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 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 Restaurant Chevron El Paso ... Gas Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon 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
    -106.2593395
    Latitude
    31.808216

    Nearby Similar for Sale

    • $325,000
      0.35 Acres

      El Paso Commercial Corner Store

      Commercial property suitable for retail or gas station use.
      575 Giles Rd, El Paso, TX 79915
      View Details
    • $845,000
      2,400 SF

      El Paso Commercial Opportunity

      Versatile commercial property near downtown and international bridges.
      1922 E Rio Grande Ave, El Paso, TX 79902
      View Details
    • $849,950
      5,000 SF

      New Commercial Flex Office/Warehouse

      New flex office/warehouse with high ceilings and secure fencing.
      3605 Esper Dr, El Paso, TX 79936
      View Details
    • $890,000
      0.28 Acres

      El Paso Commercial Opportunity

      Commercial property ideal for medical office space near hospitals.
      1700 N Mesa St, El Paso, TX 79902
      View Details
    • $380,000
      1,900 SF

      El Paso Body Shop For Sale

      Body shop for sale in Northeast El Paso near Fort Bliss.
      3515 Dyer St, El Paso, TX 79930
      View Details
    • $900,000
      2,400 SF

      El Paso Office Space For Sale

      2,400 sq. ft. office space near freeway and landmarks.
      700 N Copia St, El Paso, TX 79903
      View Details
    • $315,000
      1,052 SF

      Turnkey Restaurant in El Paso

      Ready-to-operate restaurant in historic Manhattan Heights district.
      2506 N Piedras St, El Paso, TX 79930
      View Details
    • $450,000
      4,875 SF

      Downtown El Paso Commercial Property

      Multi-tenant property near Stanton International Bridge, ideal for retail.
      612 S Stanton St, El Paso, TX 79901
      View Details
    • $475,000
      0.04 Acres

      Move-in Ready El Paso Office

      Well-designed office space in a desirable El Paso location.
      550 S Mesa Hills Dr, El Paso, TX 79912
      View Details
    • $890,000
      3,000 SF

      El Paso Showroom/Warehouse For Sale

      Showroom/warehouse near downtown and international bridges, ideal for various businesses.
      210 Poplar St, El Paso, TX 79901
      View Details
    • $550,000
      0.43 Acres

      El Paso Retail Building

      Retail building at Mcrae and Montana in El Paso, TX.
      9710 Montana Ave, El Paso, TX 79925
      View Details
    • $285,000
      660 SF

      El Paso Commercial Property For Sale

      C-4 zoned commercial property in an active El Paso corridor.
      3510 Gateway Blvd E, El Paso, TX 79905
      View Details

    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.
    (915) 422-2242 Call to check price and availability
    Request Owner's contact information
    12301 Montana Ave El Paso, TX 79938
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12301 Montana Ave
    El Paso, TX 79938
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Sergio E Tinajero
    Sergio E Tinajero
    Real Estate License ID: 19736
    (915) 422-2242 (915) 886-8608 (915) 603-5293
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!