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    1015 N California St Socorro, NM 87801

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    For Lease
    $11,667 /Mo ($20 SF/Yr)

    7,000 SF retail building for lease in Socorro, NM.

    Property size:
    7,000 SF
    Lot size:
    7,000 SF

    Property Features for 1015 N California St

    General Information

    Size
    7,000 SF

    Building Details

    Year built
    2007

    Source: Steve Lyon, CCIM Agent Steve Lyon, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building on N. California

    Available for lease is a freestanding retail building offering approximately 7,000 square feet of space. The property is situated along N. California Street, south of the southwest corner of N. California Street and Francisco de Avondo in Socorro, New Mexico. N. California Street serves as the primary north-south retail and restaurant corridor in the market. The Town of Socorro supports all of Socorro County and neighboring counties, with an estimated 25,000 residents in the trade area. The property is in excellent condition and features pylon signage along N. California Street. Parking is available at a ratio of 7.42 spaces per 1,000 square feet. New Mexico Tech, located 1.3 miles west, is recognized as a leading STEM college. Socorro is also home to the New Mexico Firefighters Training Academy and serves as the County Seat for Socorro County.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Socorro
    County
    Socorro
    State
    New Mexico
    Longitude
    -106.8934927
    Latitude
    34.0700833

    Nearby Similar for Lease

    • $4 SF/Yr
      13,100 SF

      Retail Showroom in Socorro

      Prime retail showroom space with high visibility and ample parking.
      1019-A N California St, Socorro, NM 87801
      View Details
    • $9 SF/Yr
      9,000 SF

      Retail Building in Socorro, NM

      Freestanding 9,000 SF retail building with frontage.
      516 Old Us Hwy, Socorro, NM
      View Details

    FAQs

    What type of property is this?
    Retail space - 7,000 SF retail building for lease in Socorro, NM.
    Where is this retail space located?
    The property is located at 1015 N California St Socorro, NM.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on N. California Street, the main retail corridor.; - Free-standing building with pylon signage.; - Excellent condition.
    (505) 934-9994
    Request Owner's contact information
    1015 N California St Socorro, NM 87801
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    Socorro, NM 87801
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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
    1015 N California St Socorro, NM 87801
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