Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    700 6Th St Socorro, NM 87801

    For Sale
    $2,700,000

    Prime Socorro commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.27-acre commercial land parcel presents a unique investment opportunity in the heart of Socorro, New Mexico's bustling commercial district. Situated near 700 Sixth Street, this pad site benefits from its strategic location within Plaza del Sol, a thriving commercial center. The property's 6.27-acre size offers significant development potential, allowing for a variety of commercial uses. The site is part of a larger development featuring a total of seven pad sites, with a Walmart anchoring the largest pad (over 13 acres). This prime location ensures high visibility and accessibility, attracting significant foot traffic and customer base. The address is conveniently located in Socorro, NM, zip code 87801, providing easy access to major transportation routes and amenities. This is an exceptional opportunity to acquire a substantial commercial land parcel in a rapidly growing area with strong potential for return on investment. The asking price for this remarkable property is $2,700,000. Don't miss this chance to secure a piece of Socorro's vibrant commercial landscape.

    Property Features for 700 6Th St

    General Information

    Property type
    Land
    Lot Size
    273,121 SF

    HighLights

    • $2,700,000 asking price.
    • 6.27‑acre commercial land parcel.
    • Located in Socorro, NM, 87801.
    • Pad site near 700 Sixth Street.
    • Part of the Plaza del Sol commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -106.8895661
    Latitude
    34.0650435

    Nearby Comparable

    • $217,105
      0.45 Acres

      Socorro Commercial Land - 0.45 Acres

      Prime Socorro commercial pad site. Excellent investment opportunity.
      700 6Th St, Socorro, NM 87801
      View Details
    • $311,672
      0.64 Acres

      Pad Site near 700 Sixth St

      Land • 0.64 Acres
      700 6Th St, Socorro, NM 87801
      View Details
    • Contact for pricing
      8.96 Acres

      Socorro Commercial Land - Prime Pads

      Five prime pad sites, I-25 visibility.
      700 6Th St, Socorro, NM 87801
      View Details
    • Contact for pricing
      8.69 Acres

      Socorro Commercial Land - Prime Location

      Five Pad Sites, I-25 Exposure
      0 6Th St, Socorro, NM 87801
      View Details
    • $217,105
      8 SF

      Commercial Land in Socorro Center

      Five commercial pad sites with I-25 exposure in Socorro.
      700 6Th St, Socorro, NM 87801
      View Details
    • $2,700,720

      Commercial Land in Socorro, NM

      Prime commercial land with high visibility in Socorro, NM.
      722 N California St, Socorro, NM 87801
      View Details

    Nearby Similar for Sale

    • $175,000
      1,962 SF

      Socorro Multi-Family Investment Opportunity

      Investment property near NM Tech with tenant in place.
      718 Liles St, Socorro, NM 87801
      View Details
    • $629,000

      Historic Building in Socorro Plaza

      Historic 13,000 SF building in Socorro Plaza area.
      105 Manzanares Ave, Socorro, NM 87801
      View Details
    • $900,000
      9,000 SF

      Free Standing Retail Building

      Commercial building with pylon sign in Socorro, New Mexico.
      516 Business Loop, Socorro, NM 87801
      View Details
    • $900,000
      9,000 SF

      Socorro Retail Showroom - For Sale/Lease

      Prime Socorro location, 9,000 sq ft, vacant in 2025.
      516 Old Us Hwy, Socorro, NM 87801
      View Details

    FAQs

    What type of property is this?
    Land - Prime Socorro commercial land, ideal for development.
    Where is this land located?
    The property is located at 700 6Th St Socorro, NM.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: $2,700,000 asking price.; 6.27-acre commercial land parcel.; Located in Socorro, NM, 87801.
    (505) 256-7573
    Request Owner's contact information
    700 6Th St Socorro, NM 87801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 6Th St
    Socorro, NM 87801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    700 6Th St Socorro, NM 87801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.