Building Details

Year Built 1965

Year Renovated 2025

Buildings 2

Stories 2

Listing Agency: HREC Investment Advisors

Listed By: Renita Sommers · License #0225274620

Source: Crexi

Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 4:15AM

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Investment Insights

Based on property information with market context.

The property is a 65-key Econo Lodge limited-service hotel built in 1965. Its location near Interstate 25 provides regional highway access, while proximity to the New Mexico Institute of Mining and Technology connects the asset with the area’s primary economic institution.

Additional nearby demand generators identified for the property include the Energetic Materials Research and Testing Center and Magdalena Ridge Observatory. The surrounding institutional and scientific presence includes research, federal, and military-related activity.

Key Highlights

• 65‑key Econo Lodge hotel
• Built in 1965
• Located near Interstate 25

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm HVAC Service Pharmacy Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

459

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Hotel - Limited-service lodging property near Interstate 25 and New Mexico Tech.

Where is this hotel located?

The property is located at 713 N California St Socorro, NM.

What is the asking price?

The asking price for this property is $4,225,000.

What are key features of this property?

This property features: 65‑key Econo Lodge hotel; Built in 1965; Located near Interstate 25