Add Listing
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

    3420 Alameda Ave El Paso, TX 79905-2308

    • Retail space
    • 1,044 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2386897
    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

    • Custom Pro Maintenance Services / Landscaping

    Property Details for 3420 Alameda Ave

    Year built
    1945
    Construction
    CONCRETE BLOCKS
    Lot size
    0.16 lot acres
    Property size
    1,044 SF
    Zone code
    C4
    Property type
    Retail space
    APN
    E014-999-0110-7100
    APU
    E01499901107100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.453
    Latitude
    31.7731
    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
    $1,779
    $42,350
    $21,979
    $64,329
    -
    $42,350
    $21,979
    $64,329

    Comparable in this City

    • Value Estimation by Request
      600 SF

      3716 Alameda Ave

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      3716 Alameda Ave, El Paso, TX 79905-2507
      View Details
    • Value Estimation by Request
      1,812 SF

      3903 Alameda Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,812 SF
      3903 Alameda Ave, El Paso, TX 79905-2510
      View Details
    • Value Estimation by Request
      966 SF

      3212 Alameda Ave

      RETAIL STORES (PERSONAL SERVICES) • 966 SF
      3212 Alameda Ave, El Paso, TX 79905-2304
      View Details
    • Value Estimation by Request
      840 SF

      6207 Alameda Ave

      RETAIL STORES (PERSONAL SERVICES) • 840 SF
      6207 Alameda Ave, El Paso, TX 79905-3034
      View Details
    • Value Estimation by Request
      1,500 SF

      5524 El Paso Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      5524 El Paso Dr, El Paso, TX 79905-2908
      View Details
    • Value Estimation by Request
      1,716 SF

      70 Hammett St

      RETAIL STORES (PERSONAL SERVICES) • 1,716 SF
      70 Hammett St, El Paso, TX 79905-2513
      View Details

    Similar Nearby for Sale

    • $285,000
      660 SF

      El Paso Commercial Property For Sale

      C-4 zoned commercial property in an active El Paso corridor.
      3510 Gateway Blvd E, El Paso, TX 79905
      View Details
    • $375,000
      0.14 Acres

      El Paso Commercial Property For Sale

      Commercial property near hospital and medical college with high visibility.
      341 Chelsea St, 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
    • $199,950
      3,000 SF

      El Paso Retail/Auto Property

      Retail or auto shop property for sale in El Paso.
      5600 Joe Perez Ct, El Paso, TX 79905
      View Details
    • $650,000
      0.16 Acres

      Multifamily Complex with Commercial Units

      Multifamily complex with commercial units in El Paso, TX.
      3530 Pera Ave, El Paso, TX 79905
      View Details
    • $165,000
      0.14 Acres

      El Paso Commercial Home/Office

      Centrally located commercial property suitable for office or small business.
      5612 Dailey Ave, El Paso, TX 79905
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in El Paso

      Retail space available for lease in El Paso, Texas.
      2901 Alameda Ave, El Paso, TX 79905
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for rent in El Paso, Texas.
      6920 Delta Dr, El Paso, TX 79905
      View Details
    • $925 /Mo
      6,098 SF

      El Paso Commercial Space Available

      Centrally located commercial space suitable for office or small business.
      5612 Dailey Ave, El Paso, TX 79905
      View Details
    • $3,500 /Mo
      9,148 SF

      El Paso Office Space Available

      Two-story office building with flexible spaces for rent.
      3909 Durazno Ave, El Paso, TX 79905
      View Details
    • $2,900 /Mo
      21,780 SF

      El Paso Warehouse Space Available

      Flexible warehouse space for lease in central El Paso.
      3700 Durazno Ave, El Paso, TX 79905
      View Details
    • Contact for pricing
      2,992 SF

      El Paso Office Suites for Lease

      Executive & Creative Office Space Available Now
      6060 Surety Dr, 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.
    3420 Alameda Ave
    El Paso, TX 79905-2308
    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.
    Sign Up Successful!
    You now have access to more from Realmo!