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Property profile & analytics
OFF-MARKET Estimated value $835,000
Grocery and convenience stores

12301 Montana Ave El Paso, TX 79938-4867

5,950 SF 2.03 ac lot Built 2012
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US82-6174547
Property summary
AI-generated overview

This exceptional retail opportunity presents two pad sites available for sale or lease at the highly visible corner of Montana and Justice Avenues in the rapidly growing Tierra Este area of El Paso County. Boasting a combined lot size of 760,668 square feet, these pads offer unparalleled visibility and accessibility. Each site offers a minimum of 22,500 square feet and a maximum contiguous space of 46,000 square feet, providing flexibility for a variety of retail concepts. The location benefits from exceptional visibility and convenient east access and egress. This prime location is directly across from a Walmart Supercenter and Lowe's, ensuring high traffic volume and exposure to a large customer base. The surrounding area is thriving with a diverse mix of established retailers, 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 synergistic and attractive retail environment. This is an ideal opportunity for businesses seeking high visibility and strong potential for growth in a dynamic and densely populated area. The property is categorized as a shopping center with multiple tenancy options. Contact us today to learn more about this exceptional retail investment opportunity.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2012
Total area 5,950 SF
Lot 2.03 ac (88,209 SF)
Zoning code C4
APN H325-999-0010-0100
UPID US82-6174547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bitstop Bitcoin ATM Crypto Atm Atm
  • Athena Bitcoin ATM Atm Crypto Atm
  • Bitcoin of America ATM Currency Exchange Service Atm
  • Mi ranchito Restaurant
  • Chevron El Paso Far East Montana Gas Station Gas Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
$865k
Comparable Approach Comparable
$809k
Blend (final) Blend
$835k
Owner & transaction history
Elp Dev · 5 yrs held
Elp Dev
since 2020
5 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.3M +158.8%
Restaurant $900,000 +75.1%
Auto repair, garage $800,000 +55.0%
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