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    500-520 Zaragoza Rd El Paso, TX 79907

    For Lease
    Contact for pricing

    High-traffic retail space, El Paso

    Lot size:
    85,946 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Plaza De Flores II offers 85,946 square feet of prime retail space in El Paso County, zoned C-1. This multi-tenant center boasts 25 suites, with a minimum divisible space of 2,400 square feet and a maximum contiguous space of 10,076 square feet. Currently, 8,130 square feet are vacant, presenting a unique opportunity for expansion or new tenancy. The property enjoys a highly visible location on Zaragoza Road near North Loop Drive, benefiting from consistently high traffic counts. Ample parking is available throughout the center for customer and tenant convenience. The strategic location within a thriving commercial area, surrounded by numerous established retailers, restaurants, and businesses, ensures strong potential for success. This is an exceptional opportunity to establish or expand a retail presence in a high-demand area of El Paso. The property's size and layout offer flexibility for a variety of retail uses, making it an attractive investment for both established businesses and new ventures. The existing infrastructure and high visibility make this a turnkey solution for immediate occupancy.

    Property Features for 500-520 Zaragoza Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,946 SF

    Unit(s) available at that property

    Space
    500 N Zaragoza Ste Q1
    Size
    4,800 SF
    Space
    500 N Zaragoza, Ste B
    Size
    1,200 SF
    Space
    500 N Zaragoza, Ste P
    Size
    2,400 SF

    HighLights

    • 85,946 square foot retail center in El Paso County.
    • Multiple tenancy with 25 suites, minimum 2,400 square feet divisible, and a maximum contiguous space of 10,076 square feet.
    • Currently 8,130 square feet of vacant space available.
    • C‑1 zoning.
    • High‑traffic location on Zaragoza Rd near North Loop Drive with excellent visibility and ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -106.32096007001
    Latitude
    31.701512178675

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, El Paso
    Where is this retail property located?
    The property is located at 500-520 Zaragoza Rd El Paso, TX.
    What are key features of this property?
    This property features: 85,946 square foot retail center in El Paso County.; Multiple tenancy with 25 suites, minimum 2,400 square feet divisible, and a maximum contiguous space of 10,076 square feet.; Currently 8,130 square feet of vacant space available.
    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
    500-520 Zaragoza Rd El Paso, TX 79907
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