Medical Office
For Sale
Contact for pricing
1701 N Mesa St, El Paso, TX 79902
Well-maintained 6,658 SF medical office building with exam rooms and private offices, currently owner-occupied.
Property Size6,658 SF
Price / SF$172.72
Days on Market163
Property Features for 1701 N Mesa St
General Information
Standard status
Active
Size
6,658 SF
Class
B
Property subtype
Office
Zoning
AO
Building Details
Year Built
1915
Year Renovated
2012
Buildings
1
Stories
3
Listing Agency:
Anchor Point Commercial
Listed By:
Michael Reyes · License #812598
(915) 422-2242
Source:
Crexi
Added: May 12
Changed: Oct 21
Last Checked: Oct 20 at 6:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anchor Point Commercial
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Investment Insights
Based on property information with market context.
Well-maintained medical office building totaling 6,658 SF, currently 100% owner-occupied. The space is fully built out for medical use, including exam rooms, private offices, and a reception and waiting area, supporting an owner-user without new tenant improvement costs. The second floor is currently unused, offering room for expansion, leasing, or repositioning depending on the next owner’s plan.
The property is located along N Mesa St in West El Paso and benefits from strong visibility in a high-traffic corridor. It is positioned near UTEP, surrounding medical providers, and established residential neighborhoods, supporting consistent demand for medical services.
Available in a for-sale structure that may allow delivery vacant or with a short-term leaseback, the building provides flexibility for buyers seeking either immediate occupancy changes or interim income during transition.
The property is located along N Mesa St in West El Paso and benefits from strong visibility in a high-traffic corridor. It is positioned near UTEP, surrounding medical providers, and established residential neighborhoods, supporting consistent demand for medical services.
Available in a for-sale structure that may allow delivery vacant or with a short-term leaseback, the building provides flexibility for buyers seeking either immediate occupancy changes or interim income during transition.
Key Highlights
- Well‑maintained 6,658 SF medical office building built in 1915
- Currently 100% owner‑occupied; can be delivered vacant or with a short‑term leaseback
- Fully built out for medical use with exam rooms, private offices, and a reception/waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,288
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,760
$1.7M
Cap Rate 7%
$1,232,686
$1.2M
Cap Rate 9%
$958,756
$958.8K
Market Conditions
NOI Build-Up for 6,658 SF
Gross rent
$159.8K $24.00/SF
− Vacancy
−$16.0K −$2.40/SF
EGI
$143.8K $21.60/SF
− OpEx
−$57.5K −$8.64/SF
NOI
$86.3K $12.96/SF
Area
El Paso, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,760
Cap Rate 7%
$1,232,686
Cap Rate 9%
$958,756
Alternative Uses
Best Use
Healthcare Medical
$1.23M
$1.08M – $1.44M
NOI $86,288 @ 7.0% cap · market cap 7.50%
Second Best
Office B
$1.20M
$1.05M – $1.40M
NOI $84,280 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,924 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,102
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79902, TX
20,071
Population
9,752
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
6.5 sq mi
ZIP Area
3,088
Density / Sq Mi
$45,333
Median Household Income
$33,495
Median Earnings
$777
Median Rent
$223,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in El Paso, TX
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained 6,658 SF medical office building with exam rooms and private offices, currently owner-occupied.
Where is this medical office space located?
The property is located at 1701 N Mesa St El Paso, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Well‑maintained 6,658 SF medical office building built in 1915; Currently 100% owner‑occupied; can be delivered vacant or with a short‑term leaseback; Fully built out for medical use with exam rooms, private offices, and a reception/waiting area
