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    4045 Mesa St El Paso, TX 79902

    Sponsored
    For Sale
    $2,500,000

    Prime El Paso Office Space, 21,740 SF

    Property size:
    21,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 21,740-square-foot office building, located at 4045 N. Mesa St, El Paso, TX 79902, presents a unique investment opportunity. Situated on a 1.01-acre lot, the property boasts a C-3 zoning designation, offering versatility for various uses. The building features a mix of private offices, a bullpen workspace, a large conference room, and a substantial warehouse area complete with dock-high access and a roll-up door. Extensive renovations have been undertaken throughout the property. This location benefits from several advantageous designations, including HUBZone (SBA), Empowerment Zone (City of El Paso, TX), and Transportation Reinvestment Zone Parcel (City of El Paso, TX). The asking price is $2,500,000, with a price per square foot of $115. 2021 real estate taxes totaled $41,557.01 (Source: City of El Paso Tax Assessor). This property is ideally suited for executive or medical office use, given its size, amenities, and strategic location within El Paso County. The building's layout and features provide ample space for a variety of business needs. The combination of its prime location and desirable zoning makes this a compelling investment prospect.

    Property Features for 4045 Mesa St

    General Information

    Property type
    Medical offices
    Square Feet
    21,740 SF

    Building Details

    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    News Radio 690 ... Radio Broadcaster Khey Radio Broadcaster Sunny 99.9 Radio Broadcaster KPRR Radio Broadcaster iHeartMedia Advertising Agency

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.5080494
    Latitude
    31.7895329

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    FAQs

    What type of property is this?
    Medical office - Prime El Paso Office Space, 21,740 SF
    Where is this medical office located?
    The property is located at 4045 Mesa St El Paso, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    Request Owner's contact information
    4045 Mesa St El Paso, TX 79902
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    El Paso, TX 79902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4045 Mesa St El Paso, TX 79902
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