Mixed-Use Retail and Office
2000 Calle De Parian Mesilla, NM 88046
2000 Calle De Parian, Mesilla, NM, 88046
Contact for pricing
For Sale
Contact for pricing
Storefront retail on the lower level with upper-floor offices and an additional unit used for short-term rentals or office space.
Property Size4,600 SF
Price / SF$195.65
Days on Market120
Property Features for 2000 Calle De Parian
General Information
- Standard status
- Active
- Size
- 4,600 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1946
Listing agency
Steinborn Commercial Real Estate
Listed by
Grady Oxford · License #NM 11039
Source
Crexi
Added: Mar 25 Updated: Jul 22 at 4:42AM Checked: Jul 22 at 4:42AM
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 Steinborn Commercial Real Estate
Investment Insights
Based on property information with market context.
Offered for sale is a mixed-use property with a diversified tenant setup across multiple levels. The lower floor includes two primary retail tenants, while the upper floors provide four office spaces. There is also an existing unit currently offered for VRBO purposes that can be utilized as additional office space.
The building is positioned at a main entry point to Mesilla Plaza and is directly across the street from the La Posta main entrance. Signage opportunities are described as strong, supporting visibility for retail operations.
According to the current figures provided, the gross income potential across all suites approaches $100,000 annually. An adjacent, separately available facility is also mentioned as generating $44,000+ in gross income, with future increases built into the current tenant’s lease, and the existing tenant at this property is noted as willing to renew under a long-term lease arrangement.
The building is positioned at a main entry point to Mesilla Plaza and is directly across the street from the La Posta main entrance. Signage opportunities are described as strong, supporting visibility for retail operations.
According to the current figures provided, the gross income potential across all suites approaches $100,000 annually. An adjacent, separately available facility is also mentioned as generating $44,000+ in gross income, with future increases built into the current tenant’s lease, and the existing tenant at this property is noted as willing to renew under a long-term lease arrangement.
Key Highlights
- 1946‑built property on Mesilla Plaza with retail storefront on the lower level
- Upper floor includes 4 offices, plus an additional unit currently used for VRBO that can serve as office space
- Diversified tenant mix: 2 primary lower floor retail tenants, 4 upper floor offices, and an existing VRBO/office unit
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.5k | $13.80 |
| − Vacancy | −$9.2k | −$2.00 |
| EGI | $54.3k | $11.80 |
| − OpEx | −$13.6k | −$2.95 |
| NOI | $40.7k | $8.85 |
4,600 SF · lease $13.80/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$581.5K
$508.8K – $678.5K
NOI $40,707 @ 7.0% cap · market cap 4.52%
Second Best
Retail
$533.2K
$466.6K – $622.1K
NOI $37,326 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$805.0K
$704.4K – $939.1K
NOI $56,348 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Southwest Environmental Center
Charitable Organization
FAQs
What type of property is this?
Storefront property - Storefront retail on the lower level with upper-floor offices and an additional unit used for short-term rentals or office space.
Where is this storefront property located?
The property is located at 2000 Calle De Parian Mesilla, NM.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 1946‑built property on Mesilla Plaza with retail storefront on the lower level; Upper floor includes 4 offices, plus an additional unit currently used for VRBO that can serve as office space; Diversified tenant mix: 2 primary lower floor retail tenants, 4 upper floor offices, and an existing VRBO/office unit
