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    Montana & Krag El Paso, TX 79938
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    Montana & Krag El Paso, TX 79938

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    • Land
    • 1.12 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Montana & Krag

    Lot size
    1.12 lot acres
    Property type
    Land

    Description

    Five prime commercial land parcels remain available in El Paso, Texas, near Fort Bliss. These parcels range in size from 1.12 to 5.88 acres and are zoned for commercial use, presenting a unique opportunity for developers and investors. Located in the rapidly expanding east side of El Paso, this area is experiencing significant growth, making these properties highly attractive for a variety of commercial ventures. The proximity to Fort Bliss, a major military installation, further enhances the potential for substantial returns. The address is listed as Montana & Krag, El Paso, TX 79938. The specific lot sizes are not individually detailed, but interested parties are encouraged to inquire for further information on available parcel sizes and pricing. This is a rare opportunity to acquire land in a thriving area with strong potential for future development and appreciation. The parcels are situated in El Paso County, Texas, offering access to a robust infrastructure and a growing local economy. Don't miss this chance to secure a piece of El Paso's commercial real estate future.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.18
    Latitude
    31.8183

    Comparable in this City

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      375 Neq Montana & Loop

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      4,000 SF

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      Del Sol Nwc Loop 375 & Vis

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      3.03 Acres

      11900 Tierra Este Rd

      Land • 3.03 Acres
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    Similar Nearby for Sale

    • Contact for pricing

      Land Near Fort Bliss Available

      Land available near Fort Bliss in El Paso's east area.
      Montana & Krag, El Paso, TX 79938
      View Details
    • Contact for pricing
      Pending

      88 Acres with Montana Frontage

      88 acres with multiple entry points off Montana Avenue.
      16220 Montana Ave, El Paso, TX 79938
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    • $65,000
      5.00 Acres

      El Paso Land For Sale

      5 acres of land in El Paso, Texas.
      Pn-403603, El Paso, TX 79938
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      0.23 Acres

      El Paso Land For Sale

      Land available in El Paso, Texas, with owner financing.
      14 Vernamont Dr, El Paso, TX 79938
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    • $59,000
      1.06 Acres

      Land Near Hueco Tanks Park

      1.06 acres near Hueco Tanks State Park in El Paso.
      17540 Camino Monte Vis, El Paso, TX 79938
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    • Contact for pricing
      0.23 Acres

      El Paso Land For Sale

      Land available in El Paso, Texas, with owner financing.
      11 Vernamont, El Paso, TX 79938
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    Similar Nearby for Lease

    • Contact for pricing

      Land Available For Lease

      Land available for lease on Pebble Hills Blvd, El Paso.
      14510 Pebble Hills Blvd, El Paso, TX 79938
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    • Contact for pricing

      El Paso Land For Lease

      Land available for lease in El Paso, Texas.
      3819 Joe Battle Blvd, El Paso, TX 79938
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    • $2.00 SF/Yr
      31,799 SF

      El Paso Land For Lease

      0.73 acre commercial land for lease in El Paso.
      3570 Rich Beem C Blvd, El Paso, TX 79938
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    • Contact for pricing

      Versatile Fenced 5-Acre Parcel

      5-acre parcel with no zoning restrictions, ideal for various uses.
      14463 Cassidy Dr, El Paso, TX 79938
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    • $695 /Mo
      217,800 SF

      Commercial Land For Rent

      Commercial land available for rent in El Paso, Texas.
      12708 Montana Ave, El Paso, TX 79938
      View Details
    • $1,550 /Mo
      36,155 SF

      Land For Lease in Clint

      Approximately 0.83 acre lot with easy highway access.
      PN81685 Rochelle, Clint, TX 79938
      View Details
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    Montana & Krag
    El Paso, TX 79938
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    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
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    Montana & Krag, El Paso, TX, 79938
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