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    209 Mesa St El Paso, TX 79901

    Sponsored
    For Sale
    $4,000,000

    Prime El Paso location, high-traffic area.

    Property size:
    35,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 35,600 square foot retail property, located at 209 N Mesa St in El Paso, Texas, presents a unique investment opportunity. Situated in the heart of El Paso, within El Paso County and zip code 79901, this property boasts a highly desirable C-4 zoning designation, offering unparalleled versatility for a range of commercial uses. The asking price is $4,000,000, translating to a price per square foot of $112.36. The property's size and zoning permit a multitude of uses, including but not limited to bars, restaurants, and shopping centers. Its prime location in a thriving urban center ensures high visibility and accessibility, attracting a large volume of foot traffic and potential customers. The property's blend of historic charm and modern appeal creates an inviting atmosphere, making it an ideal location for businesses seeking to establish a strong presence in a vibrant and growing community. This is a rare opportunity to acquire a substantial retail space in a highly sought-after area of El Paso, offering significant potential for long-term growth and profitability. The property's strategic location at the crossroads of commerce, culture, and community positions it for success in a dynamic urban environment. This property is ready for a new owner to bring their vision to life.

    Property Features for 209 Mesa St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    35,600 SF

    HighLights

    • 35,600 SF retail property at 209 N Mesa St, El Paso, TX 79901.
    • $4,000,000 asking price ($112.36/SF).
    • C‑4 zoning allows diverse commercial uses (e.g., bars, restaurants, shopping centers).
    • Prime El Paso location offers high visibility and foot traffic.
    • Exceptional blend of historic charm and modern appeal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Naturista Yoshida Holistic Medicine Practitioner

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Food Market Gym & Fitness Daycare Center

    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
    -106.4876842
    Latitude
    31.7590247

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    FAQs

    What type of property is this?
    Lifestyle center - Prime El Paso location, high-traffic area.
    Where is this lifestyle center located?
    The property is located at 209 Mesa St El Paso, TX.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 35,600 SF retail property at 209 N Mesa St, El Paso, TX 79901.; $4,000,000 asking price ($112.36/SF).; C-4 zoning allows diverse commercial uses (e.g., bars, restaurants, shopping centers).
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    El Paso, TX 79901
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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
    209 Mesa St El Paso, TX 79901
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