Property profile

9709 Alameda Ave Socorro, TX 79927

OFF-MARKET
Gas stations
Property ID
US82-4368182
1,067 SF 4.85 ac lot Built 1999
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional ±4.85-acre industrial property, located at 9709 Alameda Avenue in Socorro, Texas, presents a unique investment opportunity. The property boasts a main building of 1,067 square feet, complemented by substantial shed space totaling 3,720 square feet, and an additional 576 square feet of enclosed storage. Constructed in 1999, the main building features durable concrete masonry construction. The property is fully fenced and includes two convenient gates for easy access. The zoning is designated M-2 (Heavy Industrial), allowing for a wide range of industrial uses. Benefitting from high traffic counts, the property enjoys excellent visibility and accessibility. Alameda Avenue (State Highway 20) sees an average daily traffic count of 24,113 vehicles, while Loop 375 registers 61,359 vehicles per day (Source: Texas Department of Transportation, AADT 2022). Strategic location advantages include proximity to major transportation arteries: approximately 2.5 miles to Interstate 10, 2.0 miles to the Zaragoza/Ysleta Port of Entry, and 0.5 miles to Loop 375. This property is currently vacant, offering immediate occupancy and flexibility for the new owner. The asking price for this versatile industrial property is $1,100,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1999
Total area 1,067 SF
Lot 4.85 ac (211,440 SF)
Zoning code M-2
APN P731-999-0010-1300
UPID US82-4368182

Cap rate & NOI

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

Location

9709 Alameda Ave Socorro, TX 79927-2826
Socorro metro Census 4006 EL PASO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

Zoning & alternative use

M-2 · Socorro, TX
General category INDUSTRIAL

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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