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    12301 Montana Ave El Paso, TX 79938
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    Property profile & analytics

    12301 Montana Ave, El Paso, TX 79938

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    • Grocery and convenience stores
    • 5,950 SF
    • 2.03 lot acres
    Prime Land for Sale For Sale
    $835,000

    Prime Land for Sale

    Three pad-sites available in fast-growing area near major retailers.

    12301 Montana Ave, El Paso, TX 79938
    View Listing
    Property ID
    US82-6174547
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    9.7%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Bitstop Bitcoin ATM / Crypto Atm / Atm
    • Athena Bitcoin ATM / Atm / Crypto Atm
    • Bitcoin of America ATM / Currency Exchange Service / Atm
    • Mi ranchito / Restaurant
    • Chevron El Paso Far East Montana / Gas Company / Convenience Store

    Property Details for 12301 Montana Ave

    Year built
    2012
    Lot size
    2.03 lot acres
    Zone code
    C4
    Property type
    Grocery and convenience stores
    APN
    H325-999-0010-0100
    APU
    H32599900100100

    Description

    This exceptional retail opportunity presents two pad sites available for sale or lease at the highly visible corner of Montana and Justice Avenues in the rapidly growing Tierra Este area of El Paso County. Boasting a combined lot size of 760,668 square feet, these pads offer unparalleled visibility and accessibility. Each site offers a minimum of 22,500 square feet and a maximum contiguous space of 46,000 square feet, providing flexibility for a variety of retail concepts. The location benefits from exceptional visibility and convenient east access and egress. This prime location is directly across from a Walmart Supercenter and Lowe's, ensuring high traffic volume and exposure to a large customer base. The surrounding area is thriving with a diverse mix of established retailers, including PetSmart, Peter Piper Pizza, Cinemark, Famous Dave's, Carnitas Queretaro, Chase Bank, Chick-fil-A, Taco Bell, Burger King, Whataburger, and Popeye's, creating a synergistic and attractive retail environment. This is an ideal opportunity for businesses seeking high visibility and strong potential for growth in a dynamic and densely populated area. The property is categorized as a shopping center with multiple tenancy options. Contact us today to learn more about this exceptional retail investment opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $575,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $935,000
      6.5%
      $865,000
      7%
      $805,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $808,000
      Market price range: $293k - $809k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $515,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,335,000
      Change: +159% Conversion: Difficult
      RESTAURANT
      $900,000
      Change: +75% Conversion: Easy
      AUTO REPAIR, GARAGE
      $800,000
      Change: +55% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $710,000
      Change: +38% Conversion: Easy
      MEDICAL BUILDING
      $710,000
      Change: +38% Conversion: Difficult
      OFFICE BUILDING
      $630,000
      Change: +22% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.259
    Latitude
    31.8083
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $54,758
    $939,417
    $962,667
    $1,902,084
    -
    $939,417
    $962,667
    $1,902,084
    View Listing
    More about this property
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