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    & Horizon Sec Loop Socorro, TX 79927

    For Sale
    Contact for pricing

    Prime 5.88-acre retail land in El Paso.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.88-acre commercial land parcel presents a remarkable investment opportunity in the thriving El Paso suburb of Socorro, Texas. Strategically located at the intersection of North Loop and Horizon, this property boasts high visibility and accessibility, situated adjacent to established businesses including Walgreens, GECU, and Peter Piper Pizza. The expansive lot size offers significant potential for the development of a multi-tenant retail center, catering to the growing community's needs. Its prime location within a rapidly developing area ensures strong potential for high returns. The property's convenient access points and proximity to major thoroughfares guarantee excellent traffic flow and exposure for future tenants. This is an ideal site for developers seeking to capitalize on the robust growth and increasing demand for commercial space in this desirable El Paso County location. The zip code is 79927. Cross-access throughout the development is a key feature, enhancing convenience and accessibility for both tenants and customers. This exceptional parcel offers a unique opportunity to establish a thriving commercial presence in a dynamic and expanding market. The property is located in El Paso County, Texas. The coordinates are 31.6515546 latitude and -106.2675586 longitude.

    Property Features for & Horizon Sec Loop

    General Information

    Property type
    Land
    Lot Size
    256,133 SF

    HighLights

    • 5.88‑acre commercial land parcel in Socorro, TX.
    • Located in a high‑growth El Paso suburb.
    • Adjacent to Walgreens, GECU, and Peter Piper Pizza.
    • Offers multi‑tenant development options.
    • Features cross‑access throughout the development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Socorro
    County
    El Paso
    State
    Texas
    Longitude
    -106.2675586
    Latitude
    31.6515546

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    FAQs

    What type of property is this?
    Land - Prime 5.88-acre retail land in El Paso.
    Where is this land located?
    The property is located at & Horizon Sec Loop Socorro, TX.
    What are key features of this property?
    This property features: 5.88-acre commercial land parcel in Socorro, TX.; Located in a high-growth El Paso suburb.; Adjacent to Walgreens, GECU, and Peter Piper Pizza.
    (915) 859-3017
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    & Horizon Sec Loop 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
    & Horizon Sec Loop Socorro, TX 79927
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