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    OFF-MARKET
    Land

    12702 Loop Dr, Socorro, TX 79836

    16.15 ac lot
    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
    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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