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Property profile & analytics
OFF-MARKET
Community centers

1571 Resler Dr El Paso, TX 79912

92,000 SF
Property ID
Property summary
AI-generated overview

The Canyons at Cimarron presents a unique investment opportunity in Northwest El Paso. This 92,000 square foot, mixed-use development features a vibrant "Main Street" concept with a roundabout, walking paths, and bike trails. The property boasts a combination of in-line and free-standing buildings, offering retail spaces ranging from 1,170 to 4,941 square feet and professional office spaces from 2,500 to 16,400 square feet. Currently, 4,430 square feet of space is available, with minimum divisible units of 1,907 square feet and a maximum contiguous space of 2,523 square feet. The development is situated within the rapidly growing Cimarron residential community, boasting over 1,800 homes either built or under construction, and is adjacent to a planned 200-unit apartment complex. Ample parking is provided with 575 spaces, a 6.25:1,000 ratio. The property's design incorporates a walkable community atmosphere with a youth play area, public art, outdoor seating, trellis features, and extensive landscaping. This one-story building offers a variety of spaces suitable for coworking, medical offices, creative offices, restaurants, and neighborhood center uses. The development's unique architecture and inviting atmosphere create a relaxing environment for gathering, dining, and shopping.

Property profile
Verified
Property type Community centers
Total area 92,000 SF
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
  • Weeks Roofing and Remodeling Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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