10197 Alameda Ave Socorro, TX 79927-1601
Property profile & analytics
10197 Alameda Ave Socorro, TX 79927-1601
- Grocery and convenience stores
- 4,340 SF
- 0.62 lot acres
Property ID
US82-9465827
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 10197 Alameda Ave
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.62 lot acres
- Property size
- 4,340 SF
- Property type
- Grocery and convenience stores
- APN
- P525-000-0010-0100
- APU
- P52500000100100
Description
This exceptional turnkey opportunity presents a 4,340 square foot convenience store and gas station located at 10197 Alameda Avenue in Socorro, Texas, listed at $1,500,000. The property boasts a 100% occupancy rate and features a new walk-in beer cave, state-of-the-art coolers, upstairs offices, and a conference room. This owner-user investment is ideally suited for an operator seeking a fully equipped, ready-to-run business. The location benefits from high traffic volume, exceeding 20,000 vehicles daily on Alameda Avenue, and is situated near major retailers including Walmart, McDonald's, Subway, and more. The property's value is further enhanced by its proximity to a new car wash development breaking ground in 2024, projected to increase foot and vehicle traffic significantly. This represents an exceptional opportunity to acquire a well-established business and real estate asset at a price point significantly below replacement cost, offering substantial value for discerning buyers. The Socorro, TX location benefits from significant year-over-year population growth, ensuring a strong and stable customer base for years to come. The property's 79927 zip code and Texas location are key features for potential investors. This is a rare chance to own a thriving business in a high-growth area.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $375,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $620,000
- 6.5%
- $575,000
- 7%
- $530,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $645,000 Current use
- COMMERCIAL (GENERAL)
- $700,000 Change: +9% Conversion: Easy
- AUTO REPAIR, GARAGE
- $585,000 Change: -10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Socorro
- County
- El Paso
- State
- Texas
- Longitude
- -106.292
- Latitude
- 31.6563
- 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
$13,510
$79,383
$371,156
$450,539
-
$79,383
$371,156
$450,539
