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Free Standing Retail Building
For Sale
$795,000

516 South Old US Highway 85 Business Loop 12, Socorro, NM 87801

Commercial building with pylon sign in Socorro, New Mexico.

Property Size9,000 SF
Price / SF$88.33
Days on Market274

Property Features for 516 South Old US Highway 85 Business Loop 12

General Information

Standard status Active
Size 9,000 SF
Property subtype Retail

Building Details

Year Built 2014
Listing Agency: SVN | Walt Arnold Commercial Brokerage, Inc.
Listed By: Steve Lyon, CCIM · License #15729
Source: Svn
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: Aug 22 at 4:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Walt Arnold Commercial Brokerage, Inc.

Investment Insights

Based on property information with market context.

This free-standing commercial building is located on California Street, also known as Old US Highway 85, in Socorro, New Mexico, just south of the signalized intersection of California Street and US 60. US 60 is an east-west thoroughfare connecting Socorro to Magdalena and points west to the Arizona state line. California Street runs parallel to I-25, with the property located approximately half a mile from the south I-25 exit. The location benefits from high vehicle traffic. The property features a pylon sign and 45 parking spaces. Ingress and egress are shared with Verizon Wireless. The building has 9,000 square feet of space.

Key Highlights

  • High‑traffic location on California Street (Old US Hwy 85) in Socorro, NM.
  • Pylon signage for excellent exposure.
  • Free‑standing commercial retail building.

Property Analytics

Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 87801, NM

9,934
Population
4,272
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
177.3 sq mi
ZIP Area
56
Density / Sq Mi
$54,032
Median Household Income
$30,083
Median Earnings
$676
Median Rent
$165,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with pylon sign in Socorro, New Mexico.
Where is this storefront property located?
The property is located at 516 South Old US Highway 85 Business Loop 12 Socorro, NM.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: High‑traffic location on California Street (Old US Hwy 85) in Socorro, NM.; Pylon signage for excellent exposure.; Free‑standing commercial retail building.
More about this property
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