266 HORIZON BOULEVARD, SOCORRO, TX 79927
Homes for sale in Socorro.
Homes for sale in 79927.
266 Horizon Boulevard
Socorro, TX 79927
List Price$1,500,000
Listing #935232
About This Property
This property presents a unique value-add opportunity with three existing structures that are well suited for restoration and adaptive reuse. In total, the site offers approximately 13,000 square feet of warehouse space, providing a strong foundation for redevelopment without the need for ground-up construction. Through strategic restoration and modernization, the existing buildings can be converted into a high-quality office-warehouse complex, meeting current market demand for flexible industrial and commercial space. In today's market, comparable warehouse and flex properties are achieving values in the range of $100 to $120 per square foot, underscoring the significant upside potential of this redevelopment. By repurposing the existing structures, this project leverages the value of the buildings already in place while preserving capital, accelerating delivery to market, and enhancing the overall functionality and appearance of the site.
Property Features
Location Information
County
El Paso
Longitude
-106.280063
Latitude
31.648213
Interior Features
Heating
See Remarks
Cooling
None
Exterior Features
Stories
1
Parking Description
Unassigned
Construction
Metal Siding, See Remarks, Aluminum Siding
Lot Size in Acres
5.33
Water Source
City
Lot Size in Sq. Ft.
232,174
Septic or Sewer
Public Sewer
Zoning
M2
Utilities
All City
Flood Zone
No
Additional Information
Property Type
COM
Tax Year
0
Similar Listings
Mortgage Calculator
$7,005
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,405
Monthly Tax
$1,250
Monthly Insurance
$350
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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