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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Strip malls
10651 Loop Dr Socorro, TX 79927-4763
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US83-3700961
Property summary
AI-generated overview
This exceptional 16,487 square foot shopping center in Socorro, Texas, presents a compelling investment opportunity. Located at 10651 N Loop Dr, 79927, this multi-tenant property boasts 100% occupancy across its five units, generating a strong 6.00% cap rate at the current rent. The property sits on a sizable 1.68-acre lot and is offered at an asking price of $2,750,000. The sale is structured as a 1031 exchange, providing significant tax advantages for qualified buyers. Long-term, stable tenants contribute to the consistent cash flow, making this a low-risk, high-reward investment. The property is exceptionally well-maintained and benefits from a very high traffic count, ensuring continued strong performance. Detailed financial information, including a rent roll, is available upon request. This is a rare opportunity to acquire a fully occupied, high-performing retail center in a desirable Texas location. Don't miss out on this exceptional investment prospect.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
16,487 SF
Lot
1.68 ac (73,355 SF)
Zoning code
C2
APN
S533-000-0030-1430
UPID
US83-3700961
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
AI Approach
AI
by Request
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
A And R Urbina Family Ls · 7 yrs held
A And R Urbina Family Ls
since 2018
3 recorded transactions
Zoning & alternative use
C2 · Socorro, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.7M
+12.2%
Medical building
$1.7M
+11.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Socorro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Socorro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,285,000
6.5%
$1,185,000
7%
$1,100,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,555,000
Current use
OFFICE BUILDING
$1,745,000
Change: +12% · Conversion: Moderate
MEDICAL BUILDING
$1,730,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$74 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,280
Tax year 2023
Assessed value
$1,409,923
Assessed 2023
Previous assessed
$1,409,923
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$309,485
Assessed improvement
$1,100,438
Land market value
$309,485
Improvement market value
$1,100,438
Total market value
$1,409,923
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Heating
YES
Cooling
YES
Stories
1
Total area
16,487 SF
Lot
1.68 ac (73,355 SF)
Zoning code
C2
APN
S533-000-0030-1430
UPID
US83-3700961
Jurisdiction
EL PASO
Zoning & alternative use
C2 · Socorro, TX
Zoning C2 · permitted uses
C2 · Socorro, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Socorro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
YES
Cooling
Yes
Stories
1
Lot
1.68 ac
Current owner
From public records · entity-resolved
A And R Urbina Family Ls
Individual
Mailing address
3001 E PAISANO DR, EL PASO, TX 79905-4113
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2018
—
A And R Urbina Family Ls
—
Deed
related
$1,200,000 · First Savings Bank
Aug 15, 2014
—
A & R Urbina Family LP
—
Trustees Deed
related
$425,000 · United Bk/el Paso Del Norte
—
—
A & R Urbina Family LP
—
Deed Of Trust
related
$1,050,000 · United Bank El Paso Del Norte
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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