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Property profile & analytics
OFF-MARKET
Gas stations
117 Midnight Sun Dr 7 Socorro, TX 79927-3621
Individually Owned
5-yr Hold
Free & Clear
Property ID
US82-1132428
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1987
Total area
1,550 SF
Lot
0.63 ac (27,299 SF)
Zoning code
C2
APN
A460-000-0050-0070
UPID
US82-1132428
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Octavio Contreras JR · 5 yrs held
Octavio Contreras JR
since 2021
3 recorded transactions
Zoning & alternative use
C2 · Socorro, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2019Property tax & assessments
Tax year 2019
Tax billed
$4,317
Tax year 2019
Assessed value
$131,916
Assessed 2023
Previous assessed
$131,916
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$49,140
Assessed improvement
$82,776
Land market value
$49,140
Improvement market value
$82,776
Total market value
$131,916
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1987
Heating
SPACE
Cooling
EVAPORATIVE
Stories
1
Total area
1,550 SF
Lot
0.63 ac (27,299 SF)
Zoning code
C2
APN
A460-000-0050-0070
UPID
US82-1132428
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.
Building & site characteristics
From public records
Year built
1987
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Octavio Contreras JR
Individual
Free & Clear · 5 yrs held
Mailing address
12177 RD HOUSE DR, EL PASO, TX 79936-2695
Ownership since
2021
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
May 19, 2021
—
Octavio Contreras JR
Stanley W Wright
Intrafamily Transfer
related
—
Feb 6, 2019
—
Stanley W Wright
Contreras,octavio JR
Grant Deed
—
Aug 29, 2001
—
Belem Contreras
Garibay,joaquin & Socorro L
Grant Deed
$105,000 · Joaquin & Socorro L Garibay
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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