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Property profile & analytics
OFF-MARKET
Land

0 6Th St Socorro, NM 87801

8.69 ac lot
Property ID
Property summary
AI-generated overview

Plaza Del Sol presents a unique opportunity for commercial development in the heart of Socorro, New Mexico's commercial district. This 8.694-acre property boasts seven pad sites, with five currently available for development. The largest available pad site encompasses approximately 6.267 acres, offering significant potential for large-scale projects. Walmart anchors pad site seven, the largest site (13+ acres). All available sites benefit from exceptional visibility and accessibility, enjoying incredible exposure to Interstate 25 and California Street, Socorro's main thoroughfare. The recent opening of a Subway restaurant further enhances the area's commercial appeal and demonstrates the growing vibrancy of this location. This prime commercial land offers developers a chance to capitalize on a strategic location within a thriving New Mexico community. The property is situated at 6th St, Socorro, NM 87801, in Socorro County. The address provides easy access to major transportation routes, ensuring high traffic volume and excellent visibility for any commercial venture. The five available pad sites present a diverse range of development possibilities, catering to various business needs and scales. This is an exceptional opportunity to establish a presence in a rapidly growing market.

Property profile
Verified
Property type Land
Lot 8.69 ac (378,711 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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