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Property profile

9900 Montana Ave El Paso, TX 79925

FOR SALE
Medical Office Space
Property ID
US83-3848952
10,440 SF 0.6 ac lot Built 1973
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, located at 9900 Montana Avenue in El Paso, Texas, offers 10,440 square feet of versatile space ideal for a variety of businesses. Recently renovated in 2023, the property boasts a modern aesthetic and features 15 suites ranging from a minimum of 250 square feet to a maximum contiguous space of 4,000 square feet. The building, constructed in 1973 and situated on a 0.6-acre lot (26,250 square feet), is zoned C1 and features a convenient single elevator. Ample parking is available with 30+ spaces to accommodate tenants and clients. Security features include a secure entrance and security cameras throughout the building. The property enjoys high visibility and traffic due to its Montana Avenue frontage. The building is currently fully vacant and ready for immediate occupancy. This prime location in El Paso County (APN: S23199902409000, Zip Code: 79925) presents a unique opportunity for businesses seeking modern, flexible, and well-equipped office space. The building's adaptable design makes it suitable for medical offices, traditional offices, creative offices, or coworking spaces.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1973
Total area 10,440 SF
Lot 0.6 ac (26,249 SF)
Zoning code C1S
APN S231-999-0240-9000
UPID US83-3848952

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
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Counselor
  • Employment Agency
  • Accounting Firm
  • Insurance Agency

Location

9900 Montana Ave El Paso, TX 79925
El Paso metro Census 4310 EL PASO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2009
3 recorded transactions
2024
Price N/A
2009
Price N/A
2005
Price N/A

Zoning & alternative use

C1S · El Paso, TX

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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