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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1019 California St Socorro, NM 87801

9,310 SF 1.5 ac lot Built 2005
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Total area 9,310 SF
Lot 1.5 ac (65,340 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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