Property summary
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 profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning