$285,000

11800 Alameda Avenue

Socorro TX, 79927

Description

Great opportunity at a reasonable price.C1, recently remodeled shopping strip. 3 units rented on one year leases. Lots of space for parking. Newest tenant has a car lot. Some of the rents are low but has the potential for 8% cap rate or better. 3phase electric available; completely fenced; two large gates. Can request to subdivide. Units are approximately from 760 to 970 s.f. each. The loading dock has a ceiling height of 15 feet. The area is growing. Streets will be added behind the neighborhood providing more access.

Details

MLS#817533
StyleRetail
Sub-TypeResale
StatusActive
Days On Site48

Features

SQ Feet2,500
Story(s)1
ZoningC1

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Area Information

StateTX
CountyEl Paso
CitySocorro
Zip Code79927
AreaEl Paso
Listing VS Median (in 79927)
Price:
$285,000
low | high
Med:
$149,250
97.631578947368% of Average
SqFt:
2,500
low | high
Med:
4,076
13.02% of Average
$ / SqFt:
$114
low | high
Med:
$70
88.396684223204% of Average
On Site:
48
low | high
Med:
189
25.396825396825% of Average
Listing Updated: 12/09/2019
MLS Number: 817533
Listing Provided By:
Olga Sanchez  of  Olga Sanchez REALTOR