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Property profile & analytics
OFF-MARKET Estimated value $605,000
Grocery and convenience stores

10197 Alameda Ave Socorro, TX 79927-1601

4,340 SF 0.62 ac lot Built 1986
Entity Owned 2-yr Hold Free & Clear
Property ID
US82-9465827
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1986
Construction WOOD
Total area 4,340 SF
Lot 0.62 ac (27,186 SF)
APN P525-000-0010-0100
UPID US82-9465827
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
$575k
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k
Owner & transaction history
Ggg Washes LLC · 2 yrs held
Ggg Washes LLC
since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2020
Price N/A
2020
Price N/A
2018
Price N/A
2017
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $700,000 +8.8%
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