12311 Montana Ave El Paso, TX 79938
Property profile & analytics
12311 Montana Ave El Paso, TX 79938
- Commercial real estate
- 18,200 SF
- 10.75 lot acres
Property ID
US82-6714221
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
- Bersbarber / Barber Shop
- La Choza Menudazo & Tamalotes #2 / Restaurant
- Fancy Pup Montana / Pet Grooming Service
- Farmers Insurance - Julio Suriano / Insurance Agency
- Don't Cry Llorona! / Restaurant
Property Details for 12311 Montana Ave
- Year built
- 2017
- Lot size
- 10.75 lot acres
- Property size
- 18,200 SF
- Zone code
- C4
- Property type
- Commercial real estate
- APN
- H325-999-0010-0200
- APU
- H32599900100200
Description
This exceptional retail opportunity is located within Gran Plaza Shops, a vibrant new shopping center in El Paso, Texas, built in 2018. Situated at 12311 Montana Ave, this prime location boasts excellent visibility and accessibility from Montana Ave, Loop 375, and Rich Beem. The property features multiple storefront spaces, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,500 square feet. The entire lot encompasses 760,668 square feet, zoned C4 in El Paso County. This thriving retail center benefits from its proximity to major retailers such as Walmart Supercenter and Lowe's Home Improvement, as well as other established businesses including Chase Bank, Taco Bell, Whataburger, Cinemark, and Famous Dave's. Current tenants include Pocket's and a Chevron gas station and convenience store, establishing a strong foundation for future success. This is an ideal location for businesses seeking high foot traffic and exposure in one of El Paso's fastest-growing areas. The property offers a unique opportunity to establish a presence in a well-established and rapidly expanding retail environment. Seven spaces are currently available. Zip code: 79938.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,005,000
- 6.5%
- $2,770,000
- 7%
- $2,575,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,318,000
Market price range: $1.20M - $3.32M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,175,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $4,080,000 Change: +88% Conversion: Moderate
- RESTAURANT
- $2,760,000 Change: +27% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,440,000 Change: +12% Conversion: Difficult
- MEDICAL BUILDING
- $2,175,000 Change: -0% Conversion: Easy
- OFFICE BUILDING
- $1,930,000 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
- -106.258
- Latitude
- 31.8089
- 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
$179,181
$3,632,322
$2,591,747
$6,224,069
-
$3,632,322
$2,591,747
$6,224,069
