Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Desert Blvd & Montoya Ln El Paso, TX 79932
    Back to Search
    Property profile & analytics

    Desert Blvd & Montoya Ln, El Paso, TX 79932

    View on Map
    • Land
    • 2.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Desert Blvd & Montoya Ln

    Lot size
    2.00 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering, known as West Desert Marketplace, presents a prime opportunity in El Paso, Texas. Located at the intersection of S Desert Blvd and Montoya Ln, zip code 79932, this property boasts flexible lot sizes ranging from approximately 1 to 6 acres, with larger pads of 2 acres and above also available (exact dimensions to be determined). The property is zoned C-3, allowing for a wide variety of commercial uses. The land is priced competitively at $22.50 per square foot. This presents a unique investment opportunity with various options for acquisition, including outright sale, ground lease, or build-to-suit arrangements. The property's strategic location in El Paso County, Texas, offers excellent visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in a thriving market. Interested parties are encouraged to inquire about pricing for larger lot sizes. This is a rare chance to secure a substantial parcel of commercial land in a desirable El Paso location with adaptable terms to suit individual business needs. The property's coordinates are 31.875106 latitude and -106.5805011 longitude.

    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
    -106.58
    Latitude
    31.8751

    Comparable in this City

    • Value Estimation by Request
      4.55 Acres

      Gato Rd

      Farms
      0 Gato Rd, El Paso, TX 79932
      View Details
    • Value Estimation by Request
      13.30 Acres

      341 Thorn Ave

      Land
      341 Thorn Ave, El Paso, TX 79932
      View Details
    • Value Estimation by Request

      Woodrow Bean Transmountain Dr

      Land
      0 Woodrow Bean Transmountain Dr, El Paso, TX 79932
      View Details
    • Value Estimation by Request
      56,872 SF

      6800 State Hwy

      Land
      6800 State Hwy, El Paso, TX 79932
      View Details
    • Value Estimation by Request

      TX-16 Spur Dr

      Land
      TX-16 Spur Dr, El Paso, TX 79932
      View Details
    • Value Estimation by Request

      Woodrow Bean Transmountain Dr

      Land
      0 Woodrow Bean Transmountain Dr, El Paso, TX 79932
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      El Paso Commercial Land - I-10 Access

      Prime 2.5-Acre Commercial Lot, I-10 Access
      0 Woodrow Bean Transmountain Dr, El Paso, TX 79932
      View Details
    • Contact for pricing

      Land Available for Sale

      Land available for sale.
      S Desert Blvd & Montoya Ln, El Paso, TX 79932
      View Details
    • Contact for pricing
      94,524 SF

      Land Available in El Paso

      Land for sale on Woodrow Bean Transmountain Dr, El Paso.
      Woodrow Bean Transmountain Dr, El Paso, TX 79932
      View Details
    • Contact for pricing

      Land For Sale El Paso

      Land available for sale at 6641 S Desert Blvd, El Paso, TX.
      6641 S Desert Blvd, El Paso, TX 79932
      View Details
    • Contact for pricing
      4.55 Acres

      El Paso Commercial Land - Gato Rd.

      4.55 acres, prime El Paso location. Owner financing available.
      0 Gato Rd, El Paso, TX 79932
      View Details
    • $134,000
      0.64 Acres

      Land and Workshop in El Paso

      Land with workshop near Montoya & Doniphan, El Paso, TX.
      325 Edgar Rd, El Paso, TX 79932
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      El Paso Land For Lease

      Land for lease in fast-growing El Paso area.
      Woodrow Bean Transmountain Dr, El Paso, TX 79932
      View Details
    • Contact for pricing
      20,000 SF

      El Paso Specialty Property Available

      Specialty property available for rent in El Paso, Texas.
      6351 S Desert Blvd, El Paso, TX 79932
      View Details
    • Contact for pricing
      4,000 SF

      Commercial Property Available For Rent

      4000 sqft commercial property for rent.
      113 Redd Rd, El Paso, TX 79932
      View Details
    • Contact for pricing

      Professional Flex Office Retail Park

      Premier flex office and retail park in West El Paso.
      5044 Doniphan Dr, El Paso, TX 79932
      View Details
    • New
      $2,500,000
      Pending

      New Retail Center with 14 Suites

      Newly constructed retail center offering multiple suites for neighborhood and corridor-serving tenants under C3 zoning.
      5888 Doniphan Dr, El Paso, TX 79932
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space on Doniphan Drive

      Retail space available for rent on Doniphan Drive.
      5500 Doniphan Dr, El Paso, TX 79932
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Desert Blvd & Montoya Ln
    El Paso, TX 79932
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Desert Blvd & Montoya Ln, El Paso, TX, 79932
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!