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    16311 Montana Ave El Paso, TX 79938

    Sponsored
    For Lease
    $11 SF/Yr ($3,800 /Mo)

    El Paso Industrial Space: 800-4000 sqft

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional El Paso, Texas industrial property, located at 16311 Montana Ave, 79938, offers a unique investment opportunity. The complex comprises five individual suites within a brand-new, single-story building totaling 4,000 square feet, constructed in 2023. Each suite offers a minimum of 800 square feet of usable space, allowing for flexibility to suit various business needs. The building boasts a 10-foot ceiling height, providing ample vertical space for storage or operations. The property includes convenient bathroom facilities, with a 1 ¾ bathroom on one end and a ½ bathroom on the other. Beyond the main building, there's a significant advantage: approximately an acre of additional land is available for lease at a separate monthly rate. This expansive lot provides potential for expansion, outdoor storage, or other supplementary uses. The property enjoys prime highway frontage, offering excellent visibility and convenient access to key regional areas, including Hobbs, NM, and the Midland/Odessa region. Whether you require a single suite or the entire 4,000 square foot building, this versatile property presents a compelling opportunity for businesses seeking a modern, well-located industrial space in El Paso. The total land area encompasses 75,000 square feet.

    Property Features for 16311 Montana Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    3800

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,000 SF
    Rate per SF
    $11
    Space
    Available Space 5
    Size
    0 SF
    Rate per SF
    $11

    HighLights

    • New 4,000 SF single‑story industrial building in El Paso, TX (79938), built in 2023.
    • Five individual suites, each minimum 800 SF, offering flexible space options.
    • 10‑foot ceiling height.
    • One full and one half bathroom.
    • Approximately one acre of additional land available for separate lease.
    • Prime highway frontage with excellent visibility and access to Hobbs, NM and Midland/Odessa.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Auto Repair Shop Hotel & Motel HVAC Service Carpet & Flooring Store Furniture 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
    -106.09764491469
    Latitude
    31.830281061158

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    FAQs

    What type of property is this?
    Distribution property - El Paso Industrial Space: 800-4000 sqft
    Where is this distribution property located?
    The property is located at 16311 Montana Ave El Paso, TX.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: New 4,000 SF single-story industrial building in El Paso, TX (79938), built in 2023.; Five individual suites, each minimum 800 SF, offering flexible space options.; 10-foot ceiling height.
    Request Owner's contact information
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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
    16311 Montana Ave El Paso, TX 79938
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