2914 Alameda Ave El Paso, TX 79905
This exceptional mixed-use property at 2914 Alameda Ave, El Paso, TX 79905, presents a compelling investment opportunity. The 9,638 square foot building boasts a versatile layout, encompassing a convenience store, manufacturing space, and a storefront, all under a gross lease tenancy. The property sits on a 14,000 square foot lot and is zoned C4, offering significant flexibility for future development or expansion. The asking price is $675,000, translating to $70.04 per square foot. The building features a ceiling height of approximately 15 feet, providing ample vertical space for various uses. Its prime location at the intersection of Piedras and Alameda Ave ensures high traffic visibility and accessibility. A key feature is an existing antique hotel on the property, ripe for renovation and potential lease as office space or for alternative uses. This presents a unique chance to capitalize on both immediate income streams and long-term development potential. The property's size, zoning, and location combine to create a strong investment case in a thriving El Paso market. This is an ideal opportunity for investors seeking a multi-faceted property with significant upside.
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Abundias (Bike/Boat/Book/etc) Store
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Alameda Thrift Store Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.