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Property profile & analytics
FOR SALE
Commercial real estate

2401 Alameda Ave El Paso, TX 79901

4,851 SF 0.66 ac lot Built 1927
Entity Owned 21-yr Hold Free & Clear
Property ID
US82-0156962
Property summary
AI-generated overview

This 19,240-square-foot industrial property in El Paso, Texas, presents a unique opportunity for businesses seeking a versatile and strategically located space. Located at 2401 Alameda Ave, El Paso, TX 79901, this single-tenant warehouse boasts a C4 zoning designation within El Paso County. The building offers approximately 14,000 square feet of warehouse space, supplemented by significant retail space, creating a highly adaptable layout. Three loading docks ensure efficient logistics, complemented by convenient ground-level loading for ease of access. A dedicated receiving area and ample parking further enhance operational efficiency. The property benefits from its central El Paso location, providing equidistant access to major employment centers and convenient access to I-10, facilitating seamless transportation throughout the city. The robust infrastructure supports both retail and warehouse functions, making it suitable for a variety of businesses, from distribution centers to retail operations. This property offers a blend of functionality and accessibility, making it an attractive option for companies seeking a well-located, multi-functional space to support a range of activities. The entire 19,240 square feet is currently vacant.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1927
Total area 4,851 SF
Lot 0.66 ac (28,859 SF)
Zoning code C4
APN B202-999-0460-6100
UPID US82-0156962
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
$430k
CAP Approach CAP
$885k
Comparable Approach Comparable
$681k
Blend (final) Blend
$665k
Owner & transaction history
Plus Brokerage INC · 21 yrs held
Plus Brokerage INC
since 2005
3 recorded transactions
2005
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
C4 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $650,000 +68.9%
Office building $430,000 +12.0%
Retail stores $415,000 +7.3%
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More about this property
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