Technical
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Property profile

0 Anderson Rd Socorro, TX 79927

OFF-MARKET
Land
3.5 ac lot
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Property summary

AI-generated overview

This 3.5-acre parcel in Socorro, Texas, presents a compelling investment opportunity. Located conveniently near Interstate 10, between Horizon and Darrington, this property boasts excellent visibility and accessibility. The land is zoned R-1, allowing for residential development. The fully fenced perimeter ensures security, and existing electric service is already in place. Anderson Road frontage provides convenient access. The property's APN is S53300000100534. The asking price is $175,000, with 2024 property taxes totaling $1,089.00. This location offers significant potential for future growth and development, making it an attractive option for investors seeking land with high visibility and convenient access to major transportation routes. The property's half-mile proximity to Interstate 10 provides exceptional exposure and ease of access for potential residents or businesses. The existing infrastructure, including electricity and fencing, reduces initial development costs. This is a rare opportunity to acquire a sizable parcel of land in a rapidly developing area.

Property profile

Verified
Property type Land
Lot 3.5 ac (152,460 SF)

Cap rate & NOI

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

Location

Anderson Rd Socorro, TX 79927
Socorro metro
Google Maps

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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