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    Property profile & analytics
    OFF-MARKET Estimated value $3,320,000
    Drug stores

    201 Mesa St, El Paso, TX 79901-1305

    35,091 SF 0.27 ac lot Built 1914
    Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US82-3691924
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 1914
    Total area 35,091 SF
    Lot 0.27 ac (11,609 SF)
    Zoning code C5
    APN M473-999-005A-0100
    UPID US82-3691924
    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
    Current use
    Occupant on record · Public records
    • CDReload - Online Bitcoin ATM Crypto Atm Atm
    • UPS Access Point location Courier Service Postal Service
    • Coinhub Bitcoin ATM Teller Atm
    • MoneyGram Bank Credit Union
    • Thomse Cheap Car Insurance of Texas Marketing & Advertising
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.85M
    Blend (final) Blend
    $3.32M
    Owner & transaction history
    River Oaks Properties Ltd · 17 yrs held
    River Oaks Properties Ltd
    since 2008
    1 recorded transaction
    2008
    Zoning & alternative use
    C5 · El Paso, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $5.1M +70.5%
    Auto repair, garage $4.7M +57.4%
    Office building $3.1M +4.4%
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