Property profile

10401 Alameda Ave Socorro, TX 79927

OFF-MARKET
Drive through restaurants
Property ID
US82-4350319
3,486 SF 3.11 ac lot Built 2014
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1.19-acre commercial land parcel presents a unique investment opportunity in Socorro, Texas. Located at 10401 Alameda Ave, this single-tenant property offers significant potential for development within El Paso County. The expansive lot size provides ample space for a variety of commercial ventures, catering to diverse business needs. Situated in the vibrant community of Socorro, this property benefits from convenient access to key transportation routes and a growing local economy. The address is precisely 10401 Alameda Ave, Socorro, TX 79927, offering easy identification and accessibility. With its prime location and substantial acreage, this land parcel represents a compelling investment prospect for those seeking to establish a new business or expand existing operations. The property is classified as commercial land with a single-tenant designation, indicating its suitability for a variety of development projects. The absence of existing buildings allows for complete design flexibility, enabling the construction of a structure perfectly tailored to specific business requirements. This presents a rare opportunity to create a bespoke commercial space in a thriving Texas community. The property's geographical coordinates are 31.6527465 latitude and -106.2883715 longitude, providing precise location data for mapping and planning purposes. This is a blank canvas for your commercial vision in a rapidly growing area.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2014
Total area 3,486 SF
Lot 3.11 ac (135,384 SF)
APN S533-000-0080-29F0
UPID US82-4350319

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10401 Alameda Ave Socorro, TX 79927-1606
Socorro metro Census 10409 EL PASO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$634k
Blend (final) Blend
$525k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $565,000 +8.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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