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    Property profile & analytics

    15381 Gateway Blvd Socorro, TX 79928

    • Commercial real estate
    • 8.88 lot acres
    For Sale
    View listing
    $2,100,000
    Value Estimation
    Location Intelligence
    Property ID
    US82-2410425
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 15381 Gateway Blvd

    Lot size
    8.88 lot acres
    Property type
    Commercial real estate
    APN
    X298-000-0000-0030
    APU
    X29800000000030

    Description

    This exceptional 9-acre industrial land parcel in Socorro, Texas, boasts 209 feet of high-visibility frontage on Interstate 10, offering unparalleled exposure for businesses. Located in East El Paso's burgeoning industrial hub between Horizon Blvd and Darrington Rd, this strategically positioned property provides maximum depth of 2,090 feet. The lot is fully fenced and rough-graded, ready for immediate development. Its location outside Socorro and El Paso city limits allows for flexible uses without zoning restrictions. The property's significant size and prime location make it ideal for a variety of industrial uses. 2024 property taxes are $5,664.90. This is a rare opportunity to acquire a substantial, readily-developable site with exceptional Interstate visibility in a rapidly growing area. The property's accessibility and prominent location make it an attractive investment for businesses seeking high visibility and convenient access to major transportation routes. This is a turnkey opportunity for immediate development or long-term investment.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $290,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $290,000
      Mixed-Use
      $290,000
      Hospitality
      $345,000
      Educational
      $345,000
      Residential Income
      $265,000
      Energy
      $290,000
      Income-Based Land
      $320,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Socorro
    County
    El Paso
    State
    Texas
    Longitude
    -106.218
    Latitude
    31.638
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,373
    $259,165
    $18,300
    $277,465
    -
    $259,165
    $18,300
    $277,465

    Comparable in this City

    • Value Estimation by Request
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      0.05 Acres

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      0.94 Acres

      Socorro, TX 79928

      COMMERCIAL (GENERAL) • 0.94 Acres
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      1.90 Acres

      1260 Berryville St

      COMMERCIAL (GENERAL) • 1.90 Acres
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    • Value Estimation by Request
      5.00 Acres

      2500 Darrington Rd

      COMMERCIAL (GENERAL) • 5.00 Acres
      2500 Darrington Rd, El Paso, TX 79928
      View Details

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    Similar Nearby for Lease

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      4,800 SF

      Prime Retail Space, El Paso County

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      7,880 SF Retail Space, El Paso, TX
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      16,250 SF

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      High-traffic retail space, multiple suites available.
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    • $18 SF/Yr
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      El Paso Retail/Office Space

      Prime retail/office spaces with high traffic and abundant parking.
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    • $8,000 /Mo
      21,344 SF

      Horizon City Land For Lease

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    15381 Gateway Blvd
    Socorro, TX 79928
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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