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12702 Loop Dr Socorro, TX 79836

OFF-MARKET Land Google Maps
16.15 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 16.15-acre commercial land parcel in Socorro, Texas, presents a remarkable opportunity for retail development. Strategically located on North Loop Drive, the property boasts 1,750 feet of frontage along this major thoroughfare, and an additional 310 feet of frontage on Clint Cut-Off Road. The site's convenient location offers easy access to Interstate 10, situated just 1.25 miles away, ensuring high visibility and convenient access for customers. All utilities will be available to the site, making it ready for immediate construction. The property is zoned as "No Zoning," offering flexibility for a wide range of development plans. With its expansive size and prime location, this property represents a significant investment opportunity in a rapidly growing area of El Paso County. The APN is S075000022005A0. The asking price is $7,034,940. This is a rare chance to acquire a large, well-situated tract of land perfect for a variety of commercial ventures.

Property profile

Verified
Property type Land
Lot 16.15 ac (703,494 SF)

Cap rate & NOI

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

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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