5411 Mesa StEl Paso, TX 79912
- Retail properties
- 80,730 SF
Property Details for 5411 Mesa St
- Year built
- 1975
- Lot size
- 4.33 AC
- Property size (Sq ft)
- 80,730 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- X215-999-0000-7520
- APU
- X21599900007520
Description
Pepper Tree Square Shopping Center, located at 5411 N Mesa St, El Paso, TX 79912, offers exceptional retail, office, and special purpose space for lease. This landmark El Paso property boasts high visibility on N. Mesa Street, a busy thoroughfare with over 38,000 vehicles passing daily. The single, two-story building comprises 85,132 square feet, with 18 suites available. Currently, 14,679 square feet of space is vacant, offering flexible options ranging from 2,434 to 12,245 contiguous square feet. Ideal for specialty retail, entertainment, or creative office businesses, the property features a 9'-11' ceiling height and ample parking with 217 spaces. The property sits on 4.33 acres of land and is zoned C-1 SC. Built in 1975, the building is classified as Class C. Its convenient location in the West El Paso submarket, near N. Festival Dr., provides excellent access and exposure. The property's APN is 149988. This is a prime opportunity to establish a presence in a high-traffic area of El Paso.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $11,758,605
- 6.5%
- $10,854,097
- 7%
- $10,078,805
-
Comparable approach
- Method
- Valuation
- Relative Method
- $33,852,348
- Geo Method
- $33,852,348
-
Alternative Use
- Use
- Valuation
- Residential
- $9,155,837
- Hospitality
- $8,386,698
- Educational
- $6,977,634
- Medical
- $7,217,606
- Retail
- $10,854,097
Location Insight
- City
- El Paso
- County
- El Paso
- State
- Texas
- Latitude
- 31.8186
- Longitude
- -106.518
- CBSA code
- 21340
- CBSA name
- EL PASO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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