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    Loop Dr Socorro, TX 79927

    For Sale
    Contact for pricing

    Prime Texas industrial development site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 98.41-acre commercial land parcel presents a unique investment opportunity in Socorro, Texas. Strategically located on North Loop Drive, this property boasts unparalleled access to major transportation arteries. It's just 0.5 miles from Horizon Boulevard, 2.5 miles from Interstate 10, and approximately 6 miles from the Zaragoza International Bridge, ensuring seamless logistics and distribution capabilities. Currently zoned for agricultural use and operating as an active pecan farm, the site offers significant potential for redevelopment. The area is experiencing robust residential and commercial growth, making this a highly attractive location for industrial development. The property's proximity to the intersection of Horizon Boulevard and Interstate 10, a key industrial zone in El Paso, is further enhanced by the presence of three truck stops at this intersection. The existing four-lane arterial Horizon Boulevard, coupled with the recent expansion of North Loop from Loop 375 to Horizon Boulevard, provides excellent infrastructure and accessibility. This expansive tract offers developers a rare chance to capitalize on the burgeoning growth in this dynamic region of El Paso County, Texas, with its zip code 79927. The property's location at 31.6453657 latitude and -106.2614408 longitude provides easy access to the city of Socorro and the broader El Paso metropolitan area.

    Property Features for 0 Loop Dr

    General Information

    Property type
    Land
    Lot Size
    4,286,740 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Socorro
    County
    El Paso
    State
    Texas
    Longitude
    -106.2614408
    Latitude
    31.6453657

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    FAQs

    What type of property is this?
    Land - Prime Texas industrial development site.
    Where is this land located?
    The property is located at Loop Dr Socorro, TX.
    (915) 313-8801
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    Loop Dr 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
    Loop Dr Socorro, TX 79927
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