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    10300 Socorro Rd Socorro, TX 79927

    For Sale
    $300,000

    Hacienda-style building, high visibility, redevelopment potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This unique 0.29-acre commercial property at 10300 Socorro Road in Socorro, Texas, presents a compelling investment opportunity. The existing structure boasts a captivating hacienda style, rich with character and charm, featuring thick adobe walls that contribute to its distinctive aesthetic. Its prominent location on Socorro Road, situated along the Mission Trail, ensures exceptional visibility and accessibility for any business. The interior layout includes a spacious kitchen, perfectly suited for food service or catering operations, and a large entertainment area complete with a bar, offering versatile possibilities for various commercial uses. The property's zoning allows for multi-family redevelopment, presenting significant potential for future expansion and increased return on investment. The substantial size of the lot, combined with the building's existing features, provides a solid foundation for a variety of commercial ventures. This property is an exceptional opportunity for an investor seeking a unique and well-positioned asset in a desirable location. The existing structure offers immediate usability, while the redevelopment potential unlocks significant long-term value. The combination of historical charm and modern development potential makes this a truly rare find in the Socorro market. Serious inquiries are encouraged.

    Property Features for 10300 Socorro Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    12,632 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Socorro
    County
    El Paso
    State
    Texas
    Longitude
    -106.3024
    Latitude
    31.64903

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    FAQs

    What type of property is this?
    Commercial real estate - Hacienda-style building, high visibility, redevelopment potential.
    Where is this commercial real estate located?
    The property is located at 10300 Socorro Rd Socorro, TX.
    What is the asking price?
    The asking price for this property is $300,000.
    (915) 203-2334
    Request Owner's contact information
    10300 Socorro Rd Socorro, TX 79927
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    Socorro, TX 79927
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10300 Socorro Rd Socorro, TX 79927
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