Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3013 Alameda Ave El Paso, TX 79905-2209

    • Assisted living facilities
    • 270 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3557185
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto's Gadama / Used Car Dealer

    Property Details for 3013 Alameda Ave

    Year built
    1993
    Lot size
    0.16 lot acres
    Property size
    270 SF
    Zone code
    C4
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    E014-999-0180-1600
    APU
    E01499901801600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.459
    Latitude
    31.7738
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,885
    $42,350
    $25,795
    $68,145
    -
    $42,350
    $25,795
    $68,145

    Comparable in this City

    • Value Estimation
      $265,000
      588 SF

      3915 Frutas Ave

      HOMES (RETIRED, NURSING) • 588 SF
      3915 Frutas Ave, El Paso, TX 79905-1315
      View Details
    • Value Estimation
      $230,000
      300 SF

      6200 Alameda Ave

      HOMES (RETIRED, NURSING) • 300 SF
      6200 Alameda Ave, El Paso, TX 79905-3035
      View Details
    • Value Estimation
      $255,000
      349 SF

      6393 Alameda Ave

      HOMES (RETIRED, NURSING) • 349 SF
      6393 Alameda Ave, El Paso, TX 79905-3078
      View Details
    • Value Estimation
      $260,000
      646 SF

      5413 Rosa Ave

      HOMES (RETIRED, NURSING) • 646 SF
      5413 Rosa Ave, El Paso, TX 79905-1731
      View Details
    • Value Estimation
      $745,000
      81,823 SF

      Cortez Dr

      HOMES (RETIRED, NURSING) • 81,823 SF
      Cortez Dr, El Paso, TX 79905
      View Details
    • Value Estimation
      $215,000
      345 SF

      6859 El Paso Dr

      HOMES (RETIRED, NURSING) • 345 SF
      6859 El Paso Dr, El Paso, TX 79905-3342
      View Details

    Similar Nearby for Sale

    • $650,000
      0.34 Acres

      El Paso Commercial Office Building

      Two-building commercial property with flexible office spaces in El Paso.
      3905-3909 Durazno Ave, El Paso, TX 79905
      View Details
    • $173,800
      0.14 Acres

      El Paso Investment Property

      Two homes converted into five apartments in El Paso, TX.
      3110-3112 Findley Ave, El Paso, TX 79905
      View Details
    • $500,000
      1,743 SF

      Tenant-Occupied Multifamily Investment Opportunity

      Multifamily property near Alameda, offering immediate cash flow.
      225 N Seville Dr, El Paso, TX 79905
      View Details
    • New
      $590,000
      4,004 SF

      El Paso Multifamily Investment Property

      8-unit apartment building near Americas Bridge, offering strong rental demand.
      3216 Rivera Ave, El Paso, TX 79905
      View Details
    • $299,900
      0.24 Acres

      El Paso Investment Opportunity

      Income-producing property with multiple spaces and high-traffic location.
      5723 Alameda Ave, El Paso, TX 79905
      View Details
    • $4,700,000
      2.71 Acres

      El Paso Industrial Warehouse Facility

      56,000+ SF industrial warehouse on 2.29 acres near I-10.
      3700 Durazno Ave, El Paso, TX 79905
      View Details

    Similar Nearby for Lease

    • $62,400
      5,300 SF

      El Paso Warehouse: 5,300 SF

      Spacious El Paso warehouse, ideal for various uses.
      3402 Durazno Ave, El Paso, TX 79905
      View Details
    • $180 SF/Yr
      58,000 SF

      El Paso Office Building - 60 Suites

      Modern El Paso Office Space, 58,000 sq ft
      6090 Surety Dr, El Paso, TX 79905
      View Details
    • $950 /Mo
      6,098 SF

      El Paso Commercial Home/Office

      Centrally located commercial space suitable for office or small business.
      5612 Dailey Ave, El Paso, TX 79905
      View Details
    • $2,000 /Mo
      6,098 SF

      El Paso Commercial Office Space

      1,652 SF office space for rent in El Paso.
      3905 Durazno Ave, El Paso, TX 79905
      View Details
    • $1,450 /Mo
      10,019 SF

      El Paso Retail Space Available

      Remodeled retail space with I-10 billboard visibility for lease.
      6424 Gateway Blvd E, El Paso, TX 79905
      View Details
    • Contact for pricing
      4,722 SF

      El Paso Office Space Available

      Office space with high visibility near medical and business centers.
      5301 Alameda Ave, El Paso, TX 79905
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3013 Alameda Ave
    El Paso, TX 79905-2209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.