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Property profile & analytics
OFF-MARKET Estimated value $1,215,000
Medical Office Space

1002 Mesa St El Paso, TX 79901-3235

10,301 SF 0.57 ac lot Built 2011
Entity Owned 17-yr Hold Free & Clear
Property ID
US82-5389050
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Total area 10,301 SF
Lot 0.57 ac (24,960 SF)
Zoning code SRR
APN C050-999-0470-4300
UPID US82-5389050
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.22M
Owner & transaction history
City Of El Paso · 17 yrs held
City Of El Paso
since 2009
3 recorded transactions
2009
Price N/A
2008
Price N/A
2005
Price N/A
Zoning & alternative use
SRR · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

"SRR" Special Residential Revitalization District. The special residential revitalization district (SRR) is established in recognition that developments containing both residential and commercial uses can create an appealing and vital urban environment when carefully designed. Developments approved for this district shall be designed to eliminate potential u…

Zone name Special Residential Revitalization District
General category COMMERCIAL
Zone area 37.68 ac
Source code of ordinances
Top alternative use upside
Restaurant $1.5M +81.4%
Auto repair, garage $1.4M +67.5%
Office building $915,000 +11.1%
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