Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4749 Mesa St El Paso, TX 79912

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 4749 Mesa St

    Property type
    Land

    Description

    This exceptional 0.075-acre (3,301 square foot) commercial lot is located at 4749 N. Mesa St, El Paso, TX 79912. Zoned C-3, it presents a unique opportunity for developers seeking a build-to-suit project. The property boasts high visibility and accessibility, situated in an area with significant traffic volume, averaging 44,973 vehicles per day (according to TXDot 2021 data). The surrounding area demonstrates strong population density, with an estimated 181,090 residents within a 5-mile radius (based on U.S. Census Bureau 2010 data converted by Esri to 2020 geography). This single-tenant land parcel offers significant potential for a variety of commercial uses, benefiting from its strategic location and favorable zoning regulations. The precise coordinates are 31°48′18.68″N latitude and 106°30′34.81″W longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving El Paso County market. Don't miss this chance to capitalize on this prime location and build your next successful venture.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.51
    Latitude
    31.8061

    Comparable in this City

    • Value Estimation by Request
      0.46 Acres

      312 Everest Dr

      Land • 0.46 Acres
      312 Everest Dr, El Paso, TX 79912
      View Details
    • Value Estimation by Request
      2.00 Acres

      6591 Mesa St

      Land • 2.00 Acres
      6591 Mesa St, El Paso, TX 79912
      View Details
    • Value Estimation by Request

      6591 Mesa St

      Land
      6591 Mesa St, El Paso, TX 79912
      View Details
    • Value Estimation by Request
      5.29 Acres

      Swq I-10 & Mesa St

      Land • 5.29 Acres
      0 Swq I-10 & Mesa St, El Paso, TX 79912
      View Details
    • Value Estimation by Request
      4.60 Acres

      201 Shadow Mountain Dr

      Restaurants • 4.60 Acres
      201 Shadow Mountain Dr, El Paso, TX 79912
      View Details
    • Value Estimation by Request
      0.03 Acres

      Festival Dr

      COMMERCIAL (GENERAL) • 0.03 Acres
      Festival Dr, El Paso, TX 79912
      View Details

    Similar Nearby for Sale

    • $625,000

      West El Paso Commercial Land

      Prime 40,392 sq ft lot, ideal for business.
      5050 Desert Blvd, El Paso, TX 79912
      View Details
    • Contact for pricing
      5.29 Acres

      El Paso Commercial Land - I-10 Access

      5.288 Acres, Prime Industrial Location
      0 Swq I-10 & Mesa St, El Paso, TX 79912
      View Details
    • $280,000
      Pending

      El Paso Land Opportunity

      Residential land for custom dream home in premier El Paso community.
      525 Vin Faro Ln, El Paso, TX 79912
      View Details
    • $280,000
      0.15 Acres

      El Paso Land Opportunity

      Land for custom dream home in El Paso community.
      581 Vin Faro Ln, El Paso, TX 79912
      View Details
    • $260,000
      0.16 Acres

      El Paso Land Opportunity

      Land ready for building in a vibrant El Paso community.
      589 Vin Faro Ln, El Paso, TX 79912
      View Details
    • $260,000
      0.19 Acres

      Land in Premier El Paso Community

      Spacious lot for custom dream home with resort-style amenities.
      621 Vin Faro Ln, El Paso, TX 79912
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,359 SF

      Prime El Paso Office Space Available

      Executive Suites, High-Traffic Location
      6801 Mesa St, El Paso, TX 79912
      View Details
    • Contact for pricing
      19,200 SF

      Festival Crossing Retail Space

      El Paso County Retail Opportunity: 1,200 SF Available
      5380 Mesa St, El Paso, TX 79912
      View Details
    • Contact for pricing
      6,664 SF

      El Paso Office Space Available

      6,664 SF office space available for lease.
      6006 N Mesa St, El Paso, TX 79912
      View Details
    • Contact for pricing
      85,132 SF

      Pepper Tree Square: Creative Office Space

      El Paso Retail/Office Center: Space Available Now
      5411 Mesa St, El Paso, TX 79912
      View Details
    • $16 SF/Yr
      71,438 SF

      El Paso Professional Office Space

      Professional office building near Montecillo Development with easy I-10 access.
      124 W Castellano Dr, El Paso, TX 79912
      View Details
    • Contact for pricing
      6,390 SF

      El Paso Office Space for Lease

      Upscale Westside Office Suites Available
      6955 Mesa St, El Paso, TX 79912
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4749 Mesa St
    El Paso, TX 79912
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!