Property profile

10978 Montwood Dr El Paso, TX 79935

FOR SALE
Strip malls
Property ID
US82-2009521
7,280 SF 0.46 ac lot Built 1983
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 1,400 square foot single-tenant retail space is located at 10978 Montwood Dr, #D, El Paso, TX 79935, in El Paso County. The property is situated in a high-traffic area, offering excellent visibility and accessibility. Its location within a small strip center provides convenient access for customers and employees. The property benefits from its proximity to public transportation, with nearby bus stops ensuring easy access for those who rely on public transit. A key advantage is its location directly across the street from Hanks High School, providing a large potential customer base and excellent marketing opportunities to reach students and families. Furthermore, its proximity to Lee Trevino Drive, a major thoroughfare, ensures high visibility and accessibility for customers traveling throughout the El Paso area. The entire 1,400 square feet is currently vacant and ready for immediate occupancy. This property presents a unique opportunity for businesses seeking a high-traffic, easily accessible location in a thriving El Paso neighborhood.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1983
Construction CONCRETE BLOCKS
Total area 7,280 SF
Lot 0.46 ac (20,125 SF)
Zoning code C-1
APN A765-999-001A-0355
UPID US82-2009521

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Restaurant
  • Hair Salon
  • Hair Salon Nail Salon

Location

10978 Montwood Dr El Paso, TX 79935
El Paso metro Census 4313 EL PASO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2018
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · El Paso, TX
Zoning description

"C-1" Commercial District Community Commercial Districts "C-2" Commercial District "C-3" Commercial District Regional Commercial Districts "C-4" Commercial District "C-5" Central Business District C. Industrial and Manuf…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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