201 Mesa St, El Paso, TX 79901-1305
This exceptional 11,761 square foot office building, situated on a 0.27-acre lot at the hard corner of Mesa Street and Texas Avenue, presents a unique investment opportunity. Built in 1914, this single-tenant property boasts a prominent location in El Paso's vibrant Central submarket, offering excellent visibility and accessibility. The building comprises approximately 11,100 square feet on the first floor, 9,900 square feet on the second floor, and an additional 14,091 square feet in the basement, totaling approximately 35,091 square feet. The property features 98 feet of frontage on N Mesa Street and benefits from a signalized traffic light at the intersection. Its C5 H zoning allows for a variety of uses. The strategic location offers unparalleled access to key area attractions, including San Jacinto Plaza, El Paso Museum of Art, Southwest University Park, and numerous theaters and entertainment venues. Furthermore, its proximity to City Hall, the streetcar route, bus stops, hotels, restaurants, banks, and parking options enhances its appeal. The property is conveniently located approximately 13.6 miles from El Paso International Airport. This exceptional property is offered at $4,000,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5 · El Paso, TXEl Paso. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.