7048 Alameda Avenue

El Paso, TX 79915

Listing ID: 146995
$400,000
For Sale
  • Lot Size Acres 0.350
  • Building Sq Ft 30,684
  • Land Sq Ft 15,246
  • Land Price per Sq Ft $26.24
7048 Alameda Avenue - main image
7048 Alameda Avenue - alt image 2
7048 Alameda Avenue - alt image 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
Location & Directions
Demographics

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 Radius 3-Mile Radius 5-Mile Radius
Total Population8,58578,642189,755
Population Median Age404039
Population by Age0-9 Yrs1113972822285
10-19 Yrs12331066826293
20-29 Yrs10661183830489
30-39 Yrs976811221011
40-49 Yrs1059896721083
50-59 Yrs8931038024153
60-69 Yrs930748218749
70+ Yrs13161146725692
Median HH Income$32,347$34,294$34,864
Total Household Income< 24K10651017024346
25-49K1008911619483
50-74K338446410546
75-99K16019905140
100-199K13218185365
200K+13268870
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

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.

Listing Agent
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