Technical
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Property profile

& Horizon Sec Loop Socorro, TX 79927

OFF-MARKET
Land
5.88 ac lot
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Property summary

AI-generated overview

This exceptional 5.88-acre commercial land parcel presents a remarkable investment opportunity in the thriving El Paso suburb of Socorro, Texas. Strategically located at the intersection of North Loop and Horizon, this property boasts high visibility and accessibility, situated adjacent to established businesses including Walgreens, GECU, and Peter Piper Pizza. The expansive lot size offers significant potential for the development of a multi-tenant retail center, catering to the growing community's needs. Its prime location within a rapidly developing area ensures strong potential for high returns. The property's convenient access points and proximity to major thoroughfares guarantee excellent traffic flow and exposure for future tenants. This is an ideal site for developers seeking to capitalize on the robust growth and increasing demand for commercial space in this desirable El Paso County location. The zip code is 79927. Cross-access throughout the development is a key feature, enhancing convenience and accessibility for both tenants and customers. This exceptional parcel offers a unique opportunity to establish a thriving commercial presence in a dynamic and expanding market. The property is located in El Paso County, Texas. The coordinates are 31.6515546 latitude and -106.2675586 longitude.

Property profile

Verified
Property type Land
Lot 5.88 ac (256,133 SF)

Cap rate & NOI

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

Location

& Horizon Sec Loop Socorro, TX 79927
Socorro metro
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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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