Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9961 Alameda Ave Socorro, TX 79927

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    6.3-acre commercial land with two buildings.

    Property Features for 9961 Alameda Ave

    General Information

    Property type
    Land
    Lot Size
    274,428 SF

    We can help!

    Listing Contact
    Michael Mcbroom
    Michael Mcbroom

    Listing Agent: Michael Mcbroom

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    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 Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop

    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

    Nearby Similar for Sale

    • $435,000
      0.23 Acres

      Socorro Commercial Opportunity For Sale

      High-exposure property with three buildings, ideal for various businesses.
      10087 N Loop Dr, Socorro, TX 79927
      View Details
    • $300,000
      0.29 Acres

      Hacienda Style Property on Mission Trail

      Charming hacienda-style property with thick adobe walls on Socorro Road.
      10300 Socorro Rd, Socorro, TX 79927
      View Details
    • $1,290,000
      Pending

      Socorro Warehouse Redevelopment Opportunity

      Warehouse property with redevelopment potential in Socorro, Texas.
      266 Horizon Blvd, Socorro, TX 79927
      View Details
    • $2,000,000
      0.18 Acres

      Leased Commercial Property on Socorro

      Leased commercial property in growing area near freeway and attractions.
      10006 Socorro Rd, Socorro, TX 79927
      View Details
    • $345,000
      3,710 SF

      Lower Valley Quadruplex Investment

      Well-maintained quadruplex in Socorro, TX with strong rental potential.
      10540 Socorro Rd, Socorro, TX 79927
      View Details
    • New
      $275,000
      1,989 SF

      Remodeled Duplex on Spacious Lot

      Updated duplex on a large lot, ideal for investment.
      10752 Mellward Rd, Socorro, TX 79927
      View Details
    • $397,000
      Pending

      Socorro Multifamily Investment Opportunity

      Incomplete multifamily property with eight units near I-10.
      11503 Nancy Dr, Socorro, TX 79927
      View Details
    • $380,000
      2,862 SF

      Well-Maintained Socorro Fourplex For Sale

      Income-generating fourplex in Socorro ISD with potential for increased revenue.
      421 Panahi Rd, Socorro, TX 79927
      View Details
    • $345,000
      3,710 SF

      Lower Valley Quadruplex Investment

      Well-maintained Socorro quadruplex with strong rental potential in Lower Valley.
      10540 Socorro Rd, Socorro, TX 79927
      View Details
    • New
      $215,000
      1,412 SF

      Duplex on Spacious Lot

      Charming duplex with expansion potential in Socorro, Texas.
      495 Buford Rd, Socorro, TX 79927
      View Details
    • $299,000
      4,013 SF

      Socorro Triplex on Corner Lot

      Triplex on large corner lot near Socorro High School.
      9967 Gideon Cir, Socorro, TX 79927
      View Details
    • $205,000
      Pending

      Socorro Multifamily Home For Sale

      Multifamily home or investment property in Socorro, Texas.
      10368 Potencia Dr, Socorro, TX 79927
      View Details

    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 Call to check price and availability
    Request Owner's contact information
    9961 Alameda Ave Socorro, TX 79927
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9961 Alameda Ave
    Socorro, TX 79927
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Mcbroom
    Michael Mcbroom
    Real Estate License ID: 648650
    (915) 584-5511 (281) 543-2350
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!