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Property profile & analytics
OFF-MARKET
Estimated value
$6,795,000
Grocery and convenience stores
10301 Alameda Ave Socorro, TX 79927-1605
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5140042
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2011
Total area
35,577 SF
Lot
4.75 ac (206,997 SF)
Zoning code
C3
APN
R554-000-0010-0100
UPID
US82-5140042
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
by Request
CAP Approach
CAP
$6.21M
Comparable Approach
Comparable
$7.38M
Blend (final)
Blend
$6.80M
Owner & transaction history
Wal-mart Real Estate Business · 14 yrs held
Wal-mart Real Estate Business
since 2011
2 recorded transactions
Zoning & alternative use
C3 · Socorro, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$8.0M
+50.7%
Commercial (general)
$5.8M
+8.8%
Restaurant
$5.3M
+0.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Socorro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Socorro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,725,000
6.5%
$6,205,000
7%
$5,765,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,290,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,970,000
Change: +51% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,755,000
Change: +9% · Conversion: Easy
RESTAURANT
$5,310,000
Change: +0% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,775,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$6.80M
Range $6.12M – $7.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$191 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$100,735
Tax year 2019
Assessed value
$4,318,801
Assessed 2023
Previous assessed
$4,318,801
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$513,342
Assessed improvement
$3,805,459
Land market value
$513,342
Improvement market value
$3,805,459
Total market value
$4,318,801
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2011
Heating
FORCED AIR
Stories
1
Total area
35,577 SF
Lot
4.75 ac (206,997 SF)
Zoning code
C3
APN
R554-000-0010-0100
UPID
US82-5140042
Jurisdiction
EL PASO
Zoning & alternative use
C3 · Socorro, TX
Zoning C3 · permitted uses
C3 · Socorro, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Socorro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.0M
COMMERCIAL (GENERAL)
Est. value
$5.8M
RESTAURANT
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.8M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Heating
FORCED AIR
Stories
1
Lot
4.75 ac
Current owner
From public records · entity-resolved
Wal-mart Real Estate Business
Individual
Free & Clear · 14 yrs held
Mailing address
2001 SE 10TH ST, BENTONVILLE, AR 72712-6489
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2011
—
Wal-mart Real Estate Business
B & B Merritt Real Estate LLC
Warranty Deed
related
—
Jul 22, 2010
—
B & B Merritt Real Estate LLC
B & B Consultants INC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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