1019 California St Socorro, NM 87801
This exceptional 9,310-square-foot retail space is ideally situated in Socorro, New Mexico, along a thriving retail and restaurant corridor. Built in 2005, this single-story, free-standing building sits on a 1.5-acre lot and offers unparalleled visibility and accessibility from North California Street. The property boasts an exclusive pylon sign at a key turning point, ensuring maximum brand exposure. Its convenient location is a significant advantage, being just a quarter-mile from Interstate 25 and a short six-minute drive from the New Mexico Institute of Mining and Technology, providing access to a student and faculty population exceeding 2,000. The interior features an 11'6" drop ceiling, offering ample space for creative design and layout. The entire 9,310 square feet is currently vacant and available for lease as a single unit, presenting a unique opportunity for a business seeking a prominent location in a growing community. The property is classified as a commercial showroom and strip center in the Socorro County submarket, specifically the Town of Socorro, with the cross street being Francisco de Avondo. This location offers high traffic counts and excellent visibility for any business seeking to establish a strong presence in the Socorro market. The property's size and location make it suitable for a variety of retail or restaurant concepts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.