266 HORIZON BOULEVARD, SOCORRO, TX 79927

Homes for sale in Socorro.

Homes for sale in 79927.


266 Horizon Boulevard

Socorro, TX 79927

Status of the property has changed, please contact for details

List Price$1,500,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #935232

Commercial

Type

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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