Retail Space - For Sale
7048 Alameda Avenue El Paso, TX 79915
Details & Description
Price: $400,000
  • Property Type Retail for Sale
  • Lot Size Acres 0.350
  • Building Sq Ft 30,684
  • Building Price per Sq Ft $13.04
  • Land Sq Ft 15,246
  • Land Price per Sq Ft $26.24
2 Buildings side by side for sale. 8 units total. Triple Net. 7048 has 5 units and 7050 has 3 units. The potential NOI should be approximately $54,000. This is based on $750.00 per unit with a gross amount of $72,000 per year. The cap rate at current price is close to 11%.Primary FeaturesCounty El PasoOff Market DateProperty Type CommercialSold DateSold PriceSubdivision Valley GateZoning C1Financial DetailsApproximate Yearly Taxes 4195Exemptions NoneLease Info NNNLease Terms SaleLeaseable Area Y/N yesNumber Of Tenants 8Packages IncludesSale IncludesTax Year 2017Tenant PaysAdditionalBest UseEmpowerment Zone NoImproved NoMeasured By Appraiser CADProperty Building, Land (Fee Simple)Source Dimensions Owner ProvidedVerification OtherExternal FeaturesConstructionDockFinance Considered Cash, ConventionalHandicap Access NoLotLot SqFt 30684Miscellaneous ExteriorNumber Of Parking SpacesParkingProperty AccessUtilitiesInterior FeaturesCooling 2+ Units, RefrigeratedFinished SpaceHeating Central, Forced AirRefrigerated YesLocation InformationFlood Zone No
Listing Agents
Juan Uribe

O: 915-585-0007
juan@teamuribe.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

7048 Alameda Avenue

El Paso, TX 79915

Listing ID: 146995
$400,000
For Sale
  • Property Type Retail for Sale
  • Lot Size Acres 0.350
  • Building Sq Ft 30,684
  • Building Price per Sq Ft $13.04
  • Land Sq Ft 15,246
  • Land Price per Sq Ft $26.24
  • 7048 Alameda Avenue El Paso, TX 79915 | for Sale | Photo 1
  • 7048 Alameda Avenue El Paso, TX 79915 | for Sale | Photo 2
  • 7048 Alameda Avenue El Paso, TX 79915 | for Sale | Photo 3
7048 Alameda Avenue | for Sale | Thumbnail 1
7048 Alameda Avenue | for Sale | Thumbnail 2
7048 Alameda Avenue | for Sale | Thumbnail 3
Description
2 Buildings side by side for sale. 8 units total. Triple Net. 7048 has 5 units and 7050 has 3 units. The potential NOI should be approximately $54,000. This is based on $750.00 per unit with a gross amount of $72,000 per year. The cap rate at current price is close to 11%.


Primary Features




County El Paso
Off Market Date


Property Type Commercial
Sold Date
Sold Price
Subdivision Valley Gate
Zoning C1






Financial Details




Approximate Yearly Taxes 4195
Exemptions None
Lease Info NNN
Lease Terms Sale
Leaseable Area Y/N yes


Number Of Tenants 8
Packages Includes
Sale Includes
Tax Year 2017
Tenant Pays






Additional




Best Use
Empowerment Zone No
Improved No
Measured By Appraiser CAD


Property Building, Land (Fee Simple)
Source Dimensions Owner Provided
Verification Other






External Features




Construction
Dock
Finance Considered Cash, Conventional
Handicap Access No
Lot
Lot SqFt 30684


Miscellaneous Exterior
Number Of Parking Spaces
Parking
Property Access
Utilities






Interior Features




Cooling 2+ Units, Refrigerated
Finished Space


Heating Central, Forced Air
Refrigerated Yes






Location Information




Flood Zone No



Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
El Paso History of Retail Space for Sale

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El Paso Area Market Trends

Listing Demographics for 7048 Alameda Avenue El Paso, TX 79915

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population8,58578,642189,755
Population Median Age404039
Population by Age0-9 Yrs1113 (12%)9728 (12%)22285 (11%)
10-19 Yrs1233 (14%)10668 (13%)26293 (13%)
20-29 Yrs1066 (12%)11838 (15%)30489 (16%)
30-39 Yrs976 (11%)8112 (10%)21011 (11%)
40-49 Yrs1059 (12%)8967 (11%)21083 (11%)
50-59 Yrs893 (10%)10380 (13%)24153 (12%)
60-69 Yrs930 (10%)7482 (9%)18749 (9%)
70+ Yrs1316 (15%)11467 (14%)25692 (13%)
Median HH Income$32,347$34,294$34,864
Total Household Income< 24K1065 (39%)10170 (36%)24346 (37%)
25-49K1008 (37%)9116 (32%)19483 (29%)
50-74K338 (12%)4464 (16%)10546 (16%)
75-99K160 (5%)1990 (7%)5140 (7%)
100-199K132 (4%)1818 (6%)5365 (8%)
200K+13 (0%)268 (0%)870 (1%)
Highest Education LevelNo Diploma23101526535569
Diploma or GED13261443732057
Some College10251117227603
Assoc. Degree27434968508
Bachelors Degree488511314377
Higher Degree16924426466
Total Housing Units2,99531,06173,105
--Owner-Occupied1,52714,92435,190
--Renter-Occupied1,18712,90130,559
Owner-Occupied Values< 100K1222883317341
100-199K272492714907
200-299K219212111
300-399K0123543
400-499K01846
500K+12103243
Total Working Age Population6,77862,488151,765
In Work Force3,64935,63887,639
Not In Work Force3,12926,85064,125
Workforce Employed3,35931,76275,021
Workforce Unemployed2742,5926,548
Civlian Workforce3,63334,35481,569
Military Workforce161,2846,070
Total Households2,71427,82565,749
Family Households2,08918,65944,608
Non-Family Households6269,16621,141
Married Couple1,13910,73626,707
Other Family9507,92317,901
Married w/Child3543,8049,588
Single Male w/Child264831,098
Single Female w/Child2452,3816,204

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
El Paso County679,622+18800,647+9876,120+7936,697

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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5800 Alameda Avenue, El Paso, TX $215,000 3900 0.15
519 North Carolina Drive, El Paso, TX $195,000 3000 0.34
106 South Concepcion Street, El Paso, TX $3,700,000 32828 3.05
7949 Knights Drive, El Paso, TX $375,000 1900 1
4670 Montana Avenue, El Paso, TX $380,000 4200 1
4015 Alameda Avenue, El Paso, TX $439,500 7100 1
Closest Commercial Airports
Airport Distance (mi)
Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 227
Tucson International Airport / Morris Air National Guard Base (TUS) 268
Lubbock Preston Smith International Airport (LBB) 297