Technical
Financial
Distress signals
Property profile

5640 Montana Ave El Paso, TX 79925

FOR LEASE
Strip malls
Property ID
US82-4245180
14,371 SF 1.16 ac lot Built 1987
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

The Red Rooster Shopping Center is a retail strip center located centrally between Montana Avenue and Trowbridge Drive, approximately one block from Paisano Drive. The center underwent a remodel and contains lease-ready retail spaces that range in size from about 1,200 to approximately 5,000 square feet. The property encompasses roughly 15,100 square feet in total and includes anchor tenants such as Baskin Robbins Ice Cream, Sally Beauty Supply, McDonalds, and Whataburger.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 14,371 SF
Lot 1.16 ac (50,355 SF)
Zoning code C1
APN M636-999-0010-0200
UPID US82-4245180

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
  • Grocery & Convenience Store Specialty Food Shop
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Hair Salon
  • (Bike/Boat/Book/etc) Store Specialty Food Shop
  • Landscaping General Contractor

Location

5640 Montana Ave El Paso, TX 79925
El Paso metro Census 3300 EL PASO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$816k
Blend (final) Blend
$670k

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
2014
Price N/A
2004
Price N/A

Zoning & alternative use

C1 · El Paso, TX
Top alternative use upside
Commercial (general) $1.1M +54.7%
Medical building $1.1M +53.4%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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