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Property profile & analytics
OFF-MARKET
Outlet malls

12285 Pellicano Dr El Paso, TX 79936-6284

6,840 SF 1.03 ac lot Built 2017
Entity Owned 7-yr Hold Free & Clear
Property ID
US83-1438834
Property summary
AI-generated overview

This exceptional 1.55-acre commercial land parcel presents a unique development opportunity in El Paso, Texas. Located at 12285 Pellicano Dr, El Paso, TX 79936, this property is zoned C4 and boasts a highly desirable location at the intersection of Joe Battle, Pellicano, and Bob Hop Drives, providing convenient access to Interstate 10 and the Zaragoza International Border Crossing. The site benefits from its proximity to thriving residential, apartment, and commercial developments, creating a dynamic and attractive environment for various business ventures. The seller is willing to consider subdividing the lot to accommodate specific project requirements. This location offers significant advantages, including high traffic counts: Pellicano Drive sees 26,380 vehicles per day, and Joe Battle Boulevard boasts 92,940 vehicles per day (according to TDT data). Further enhancing the area's appeal is the recently opened Alamo Drafthouse Cinema across the street at the Monteverde development. The surrounding area demonstrates strong demographics, with a population of 82,336 within a 3-mile radius and an average household income of $81,900. The property's Assessed Parcel Number (APN) is P66199900200100. Land lease options may be available. This presents a compelling investment opportunity for developers seeking a strategic location with high visibility and strong growth potential in a rapidly developing area of El Paso.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2017
Total area 6,840 SF
Lot 1.03 ac (44,823 SF)
Zoning code C4
APN P661-999-0020-0200
UPID US83-1438834
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
  • Emicon Corporation Industrial Manufacturer Production Facility
  • APIC Solutions EPTX Telecommunications Service General Contractor
  • Jani-King International, Inc General Contractor
  • Soho Audio & Alarm Auto Parts Store
  • Veseris ProCenter Chemical Plant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
AUTOZONE PARTS INC
AUTOZONE PARTS INC
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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