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    10620 Loop Dr Socorro, TX 79927

    For Sale
    Contact for pricing

    1.9-acre C-2 zoned pad, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.9-acre commercial land parcel presents a remarkable investment opportunity in the thriving Socorro, Texas market. Located within the bustling Fiesta Mercado Shopping Center, a ±196,000 square foot grocery-anchored regional shopping center, this C-2 zoned pad site offers unparalleled visibility and accessibility. The property's strategic placement ensures high traffic volume and exposure to a substantial customer base. With its expansive 1.9 acres, this site provides ample space for a wide range of commercial developments, catering to diverse business needs. The C-2 zoning allows for a variety of commercial uses, providing flexibility for potential buyers or developers. Situated at 10620 N Loop Dr, Socorro, TX 79927, in El Paso County, this property benefits from its convenient location and strong regional demographics. The site's proximity to the established Fiesta Mercado Shopping Center further enhances its appeal, offering synergistic opportunities for businesses seeking a thriving retail environment. This is an exceptional chance to acquire a highly desirable commercial land parcel in a rapidly growing area. The property's size, zoning, and location combine to create a compelling investment prospect with significant potential for future growth and profitability. Detailed site plans and zoning information are readily available upon request.

    Property Features for 10620 Loop Dr

    General Information

    Property type
    Land
    Lot Size
    82,764 SF

    HighLights

    • 1.9‑acre commercial land parcel.
    • C‑2 zoning.
    • Located at 10620 N Loop Dr, Socorro, TX 79927.
    • Pad site at the ±196,000 SF Fiesta Mercado Shopping Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Socorro
    County
    El Paso
    State
    Texas
    Longitude
    -106.27121375485
    Latitude
    31.654363915442

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    FAQs

    What type of property is this?
    Land - 1.9-acre C-2 zoned pad, prime location.
    Where is this land located?
    The property is located at 10620 Loop Dr Socorro, TX.
    What are key features of this property?
    This property features: 1.9-acre commercial land parcel.; C-2 zoning.; Located at 10620 N Loop Dr, Socorro, TX 79927.
    Request Owner's contact information
    10620 Loop Dr 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
    10620 Loop Dr Socorro, TX 79927
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