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    700 6Th St Socorro, NM 87801

    For Sale
    Contact for pricing

    Five prime commercial pad sites in Socorro, NM.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional opportunity presents five commercial pad sites totaling 8.96 acres, ideally situated in Socorro, New Mexico's thriving commercial district. The property boasts unparalleled visibility and accessibility, with incredible exposure to Interstate 25 and California Street, Socorro's main thoroughfare. The largest available pad site encompasses 6.267 acres, offering significant development potential. This strategic location benefits from the recent opening of a Subway restaurant, further enhancing the area's commercial appeal and attracting increased foot traffic. The pads are conveniently located near 700 Sixth Street, placing businesses within easy reach of a significant customer base. This is a rare chance to secure prime commercial real estate in a growing New Mexico market, offering substantial returns on investment. The address is Pad Sites near 700 Sixth St, Socorro, NM 87801. All measurements are approximate. This property offers a unique opportunity for businesses seeking high-visibility locations in a dynamic commercial environment. The proximity to Interstate 25 ensures easy access for customers and employees alike. Don't miss this chance to establish your business in a prime location within Socorro's commercial heart.

    Property Features for 700 6Th St

    General Information

    Property type
    Land
    Lot Size
    390,298 SF

    HighLights

    • Five (5) commercial pad sites available in Socorro, NM.
    • Largest pad site is 6.267 acres.
    • Excellent Interstate 25 and California Street visibility.
    • Located in Socorro, NM's commercial district.
    • Subway recently opened nearby.
    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
    -106.8911153
    Latitude
    34.0627913

    Nearby Comparable

    • $217,105
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      Commercial Land in Socorro Center

      Five commercial pad sites with I-25 exposure in Socorro.
      700 6Th St, Socorro, NM 87801
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      8.96 Acres

      Socorro Commercial Land - Prime Pads

      Five prime pad sites, I-25 visibility.
      700 6Th St, Socorro, NM 87801
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      8.69 Acres

      Socorro Commercial Land - Prime Location

      Five Pad Sites, I-25 Exposure
      0 6Th St, Socorro, NM 87801
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    • $2,700,720

      Commercial Land in Socorro, NM

      Prime commercial land with high visibility in Socorro, NM.
      722 N California St, Socorro, NM 87801
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    • $311,672
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      Pad Site near 700 Sixth St

      Land • 0.64 Acres
      700 6Th St, Socorro, NM 87801
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    • $217,105
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      Socorro Commercial Land - 0.45 Acres

      Prime Socorro commercial pad site. Excellent investment opportunity.
      700 6Th St, Socorro, NM 87801
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    FAQs

    What type of property is this?
    Land - Five prime commercial pad sites in Socorro, NM.
    Where is this land located?
    The property is located at 700 6Th St Socorro, NM.
    What are key features of this property?
    This property features: Five (5) commercial pad sites available in Socorro, NM.; Largest pad site is 6.267 acres.; Excellent Interstate 25 and California Street visibility.
    (505) 256-7573
    Request Owner's contact information
    700 6Th St Socorro, NM 87801
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    Socorro, NM 87801
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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
    700 6Th St Socorro, NM 87801
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