1401 Mesa StEl Paso, TX 79902

For Sale
$1,300,000 View listing
  • Commercial real estate
  • 10,576 SF

Property Details for 1401 Mesa St

Year built
1951
Lot size
0.73 AC
Property size (Sq ft)
10,576 SF
Zone code
A3
Property type
Commercial real estate
APN
A462-999-0280-0100
APU
A46299902800100

Description

This exceptional 1.3 million dollar commercial land parcel, located at 1401 N Mesa St, El Paso, Texas 79902, presents a unique investment opportunity in the heart of Downtown El Paso. The property boasts a highly desirable location with excellent visibility from Mesa Street, offering significant potential for various business ventures. Its flexible zoning allows for a multitude of development options, catering to diverse business needs. The site's strategic position provides easy access to the city's amenities and infrastructure. Furthermore, its proximity to the El Paso International Airport, a mere 25-minute drive away, enhances its appeal to businesses requiring convenient air travel access. This prime commercial land parcel represents a rare chance to acquire a highly visible and versatile property in a thriving urban center. The substantial investment potential makes this an attractive proposition for developers and investors seeking a strong return. The property's address is confirmed as 1401 N Mesa St, within El Paso County, El Paso, Texas.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,199,457
    Hospitality
    $1,098,696
    Educational
    $914,102
    Medical
    $945,539
    Retail
    $1,421,936
1401 Mesa St, El Paso, Texas

Location Insight

City
El Paso
County
El Paso
State
Texas
Latitude
31.7677
Longitude
-106.495
CBSA code
21340
CBSA name
EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,441
$198,250
$70,750
$269,000
-
$198,250
$70,750
$269,000

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