1015 California St Socorro, NM 87801
This exceptional 7,000-square-foot free-standing retail building is situated on a 0.67-acre lot (29,000 square feet) in Socorro County, New Mexico, specifically within the Town of Socorro submarket cluster. Built in 2006, this Class B property boasts a single story and offers ample parking with 48 spaces. The building is currently vacant and presents a unique opportunity for a single tenant. Located at 1015 N California St, Socorro, NM 87801, it benefits from excellent visibility and accessibility along a primary retail, restaurant, and hospitality corridor. The property features approximately 100 feet of storefront facing North California Street and includes a prominent pylon sign for enhanced brand recognition. The zoning is commercial, allowing for a variety of retail uses. Property taxes are $4.70 per square foot. This well-maintained showroom offers significant potential for a variety of businesses seeking a high-profile location in a thriving community. The cross street is Francisco de Avondo. The building has no elevators.
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
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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.