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$650,000

10740 MONTANA Avenue, El Paso, TX, 79935

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About this property

Position your next development directly on one of El Paso's busiest and most heavily trafficked corridors. This 0.93-acre (40,293 SF) finished commercial lot sits with roughly 295 feet of prime frontage right along Montana Avenue, between Yarbrough Drive and Lee Trevino Drive, an East Side stretch that sees an estimated 43,000 to 48,000 vehicles pass by daily . That kind of consistent exposure puts any business built here in front of thousands of potential customers every day, making it a strong fit for retail, restaurant, office, or mixed-use development. Zoned C-4, the property supports a wide range of commercial uses, giving investors and developers flexibility to design a project that fits current market demand along this corridor. The lot is pad-ready, which helps streamline the path from acquisition to construction. Nearby development activity, including hotel construction on an adjacent parcel in past listings for this same site, points to continued growth and rising demand in the immediate area

Investor Tools

$0Estimated Mortgage Balance
$650,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Anibal Olague

Cap Rate Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: El Paso

10740 MONTANA Avenue | Property Details | No Agent List