Retail Space
7048 Alameda Avenue El Paso, TX 79915
Details & Description
Price: $400,000
    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
    • 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
    Building Size: 30,684 SF
    Lot Size: 0.350 AC
    Land Size: 15,246 SF
    Building $/SF: $13.04
    Land $/SF: $26.24
    Price
    $400,000
    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.

    Common Questions and Answers

    What is the asking price for 7048 Alameda Avenue in El Paso?
    The asking price for 7048 Alameda Avenue is $400,000
    What is the building size of this Retail property in El Paso, TX?
    The size of the building/unit at 7048 Alameda Avenue in El Paso is 30,684 square feet
    How much land does the El Paso, TX property at 7048 Alameda Avenue include?
    7048 Alameda Avenue in El Paso includes 0.350 acres of land
    What is the population within 1 mile of 7048 Alameda Avenue in El Paso?
    The population within 1 mile of 7048 Alameda Avenue El Paso, TX 79915 is 8,585 people.
    Who do I contact for questions about 7048 Alameda Avenue?
    You should contact the listing agent, Juan Uribe, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
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    7244 North Loop Drive, El Paso, TX $355,000 3100 0.36
    7308 North Loop Drive, El Paso, TX $495,000 5490 0.38
    5840 Alameda Avenue, El Paso, TX $395,000 5175 1
    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