Property profile

0 Loop Dr Socorro, TX 79927

OFF-MARKET
Commercial real estate
98.41 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 98.41 ac (4,286,740 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Loop Dr Socorro, TX 79927
Socorro metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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