12302 Montana Ave El Paso, TX 79938
Property Lookup
Property profile & analytics
12302 Montana Ave El Paso, TX 79938
- Commercial real estate
- 13,200 SF
- 7.66 lot acres
Property ID
US82-7267128
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.
Location Intelligence
Current Use by Public Records
- Daisy's Furniture / Furniture & Home Goods / Home Decor Store
- Tv Mounting El Paso / Electronics & Wireless Store
- Nailsby.destinymarie / Nail Salon
- Clear Water Pool Supplies / (Bike/Boat/Book/etc) Store / Hardware & Home Improvement
- Energy Factory / Cafe & Coffee Shop
Property Details for 12302 Montana Ave
- Year built
- 2014
- Construction
- WOOD
- Lot size
- 7.66 lot acres
- Property size
- 13,200 SF
- Zone code
- C4C
- Property type
- Commercial real estate
- APN
- H806-999-0010-0100
- APU
- H80699900100100
Description
The Shops at Tierra Este, located at 12302 Montana Ave, El Paso, TX 79938, presents a unique retail investment opportunity in El Paso County. This property offers a total of 4 suites, with 4,800 square feet currently vacant and available for lease. The space is highly divisible, offering minimum leasable units of 1,200 square feet and a maximum contiguous space of 4,800 square feet, providing flexibility for various business needs. Whether you're a single tenant seeking a large space or multiple businesses looking for smaller units, this property caters to diverse requirements. The property is categorized as retail and restaurant space, making it suitable for a wide range of commercial ventures. Annual property taxes are $7.33 per square foot. This prime location in El Paso offers excellent visibility and accessibility, presenting a strong opportunity for businesses seeking to establish or expand their presence in a thriving market. The property's versatile layout and ample square footage make it an ideal choice for businesses seeking a prominent location in a dynamic commercial area. Contact us today to learn more about this exceptional retail opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,180,000
- 6.5%
- $2,010,000
- 7%
- $1,865,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,406,000
Market price range: $874k - $2.41M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,575,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,955,000 Change: +88% Conversion: Moderate
- RESTAURANT
- $2,000,000 Change: +27% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,770,000 Change: +12% Conversion: Difficult
- MEDICAL BUILDING
- $1,575,000 Change: -0% Conversion: Easy
- OFFICE BUILDING
- $1,400,000 Change: -11% 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
- 31.8056
- 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
$110,127
$1,984,469
$2,618,162
$4,602,631
-
$1,984,469
$2,618,162
$4,602,631
