7500 Mesa StEl Paso, TX 79912

Property Details for 7500 Mesa St

Year built

1985

Construction

CONCRETE BLOCKS

Lot size

5.76 AC

Property size (Sq ft)

23,800 SF

Zone code

C1

Property type

Commercial real estate

APN

M327-999-0030-1300

APU

M32799900301300

Description

This exceptional single-story retail property, located at 7500 N Mesa St, El Paso, TX 79912, offers a fantastic opportunity for businesses seeking high-visibility locations. The Promenade boasts a total of 69,728 square feet within a single building, currently featuring one suite. A total of 2,400 square feet is immediately available, divisible into spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 2,400 square feet. This makes it ideal for a variety of retail or restaurant concepts. The property is situated in El Paso County and benefits from its high-traffic location off N Mesa Street. The property taxes are $6.70 per square foot. This is a rare opportunity to secure a prominent retail space in a thriving El Paso commercial center. The available space presents a chance to establish or expand a business in a high-demand area. Contact us today to learn more about this exceptional retail space and secure your place in this bustling commercial hub. Don't miss out on this prime opportunity to establish your business in a vibrant and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,672,630

  6.5%

  $2,467,040

  7%

  $2,290,820

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,960,320

  Geo Method

  $3,960,320

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,827,190

  Retail / Commercial

  $2,481,200

  Mixed-Use / Specialty

  $2,476,960

  Hospitality / Lodging

  $1,823,260

  Office

  $2,467,040

  Institutional / Educational

  $2,576,680

  Residential Income

  $3,014,720

  Multifamily

  $3,590,170

  Automotive / Energy

  $2,208,590

  Parking / Income-Based Land

  $757,608

  Restaurant / Food Service

  $1,298,110

  Healthcare / Senior Housing

  $2,535,350

Location Insight

City

El Paso

County

El Paso

State

Texas

Latitude

31.8387

Longitude

-106.564

CBSA code

21340

CBSA name

EL PASO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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