Entity Owned 
For Sale
1 / 23
$1,650,000
2401 Alameda Ave, El Paso, TX 79901
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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
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$681k
Blend (final)
Blend
$430k
Owner & transaction history
since 2005
3 recorded transactions
Zoning & alternative use
C4 · El Paso, TX
Top alternative use upside
Auto repair, garage
$650,000
+68.9%
Office building
$430,000
+12.0%
Retail stores
$415,000
+7.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$430k
Value range
$387k – $473k
±10% around blend
Estimated value / SF
$89 / SF
Confidence
Low
3 county-verified comps
Property data
100
Comparable evidence
30
Income certainty
100
$387k
blend $430k
$473k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,851 SF
Lot area
0.66 ac
Year built
1927
Stories
1
APN
B202-999-0460-6100
Zoning
C4
Assessed value
$575,000
Annual tax
$15,906
3
Income approach: direct capitalization
Partial preview
Income approach indication
$885k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$960k
@ 6.5% CAP return
$885k
@ 7% CAP return
$825k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$15,906
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.07M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.6 mi away · 5,100 SF
19.1 mi away · 3,541 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$430k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+69%
vs current-use indication
Office Building
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
9.01%
Selected cap rate for this commercial real estate
Derived from the El Paso market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.01%
9.0%
NOI (est.)
$149k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.65M
Move the market yield to see immediate price impact.
Value / SF
$340
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.51%9.01%9.51%
$134k
$1.57M
$1.49M
$1.41M
$149k
$1.75M
$1.65M
$1.56M
$164k
$1.92M
$1.82M
$1.72M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.28M
0.1 mi · Apr 2026 · $232/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,906
Tax year 2023
Assessed value
$575,000
Assessed 2023
Previous assessed
$575,000
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$127,557
Assessed improvement
$447,443
Land market value
$127,557
Improvement market value
$447,443
Total market value
$575,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1927
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
4,851 SF
Lot
0.66 ac (28,859 SF)
Zoning code
C4
APN
B202-999-0460-6100
UPID
US82-0156962
Jurisdiction
EL PASO
Zoning & alternative use
C4 · El Paso, TXZoning C4 · permitted uses
C4 · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1927
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
0.66 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C4
Jurisdiction
El Paso, TX
Recorded code
C4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C4 in El Paso, TX.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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