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Property profile & analytics
OFF-MARKET
Retail space

2914 Alameda Ave El Paso, TX 79905

9,638 SF
Property ID
US82-1544860
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Total area 9,638 SF
UPID US82-1544860
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
Current use
Occupant on record · Public records
  • Abundias (Bike/Boat/Book/etc) Store
  • Alameda Thrift Store Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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