Technical
Financial
Distress signals
Property profile

8482 Alameda Ave El Paso, TX 79907

FOR SALE
Medical Office Space
Property ID
US82-7916184
1,074 SF 2.92 ac lot Built 1945
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4.56-acre commercial land parcel in El Paso, Texas, presents a compelling investment opportunity. Located at 8482 Alameda Ave, zip code 79907, this property boasts a strategic position within El Paso County, offering significant development potential. The land is zoned C-3, C-2, and RF, allowing for a variety of uses. Currently, a portion of the property is leased month-to-month to a car dealership, providing immediate income potential. The site features approximately 140 feet of frontage, ideal for constructing office or retail spaces. Its proximity to major thoroughfares, including Loop 375, and the US/Mexico Port of entry makes it exceptionally well-suited for a mixed-use development, such as an apartment complex or storage facility. Surrounded by existing apartments, retail, and residential properties, this location benefits from established infrastructure and high visibility. The asking price for this remarkable property is $950,000. This is a qualified opportunity zone property. Don't miss this chance to acquire a prime piece of El Paso real estate with significant upside potential.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1945
Construction CONCRETE BLOCKS
Total area 1,074 SF
Lot 2.92 ac (127,239 SF)
Zoning code C3
APN Y805-999-035B-0249
UPID US82-7916184

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Vehicle Inspection Center
  • Car Wash

Location

8482 Alameda Ave El Paso, TX 79907
El Paso metro Census 3804 EL PASO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2012
3 recorded transactions
2012
Price N/A
2007
$238,072
2006
Price N/A

Zoning & alternative use

C3 · El Paso, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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