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    9961 Alameda Ave Socorro, TX 79927

    For Sale
    $1,200,000

    6.3-acre commercial land with two buildings.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 6.3-acre commercial property in Socorro, Texas, presents a lucrative investment opportunity. Located at 9961 Alameda Ave, this offering includes two existing multi-tenant buildings totaling 7,969 square feet. Building one encompasses 3,935 square feet, while building two offers 4,034 square feet of space. The property is zoned C2 and A1, providing flexibility for a variety of commercial uses. The land is situated conveniently, approximately 0.4 miles from Socorro High School, ensuring high visibility and accessibility. All current tenants are on month-to-month leases, offering immediate potential for increased rental income or redevelopment. The asking price for this prime commercial real estate is $1,200,000. This property is being offered for sale by owner and presents a unique chance to acquire a substantial commercial holding in a growing Texas market. The El Paso County location and 79927 zip code offer excellent access to transportation and amenities. This is an ideal opportunity for investors seeking a strong return on investment or developers looking to capitalize on the potential of this sizable land parcel.

    Property Features for 9961 Alameda Ave

    General Information

    Property type
    Land
    Lot Size
    274,428 SF

    HighLights

    • $1,200,000 asking price.
    • 6.3‑acre commercial land parcel.
    • Located at 9961 Alameda Ave, Socorro, TX 79927.
    • C2 and A1 zoning.
    • For sale by owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Socorro
    County
    El Paso
    State
    Texas
    Longitude
    -106.2979348
    Latitude
    31.6637203

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    FAQs

    What type of property is this?
    Land - 6.3-acre commercial land with two buildings.
    Where is this land located?
    The property is located at 9961 Alameda Ave Socorro, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; 6.3-acre commercial land parcel.; Located at 9961 Alameda Ave, Socorro, TX 79927.
    (915) 584-5511
    Request Owner's contact information
    9961 Alameda Ave Socorro, TX 79927
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    Socorro, TX 79927
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9961 Alameda Ave Socorro, TX 79927
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