12620 Gateway E blvd - 8.2 acres-250 ft frontage i-10
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12620 Gateway E blvd - 8.2 acres-250 ft frontage i-10
8.2 Acres of Commercial Land Offered at $1,800,000 in Socorro, TX 79927
INVESTMENT HIGHLIGHTS
- 2024 Property Taxes: $11698.08
- M-1 zoning
- 250 Feet Frontage ; 1655 Feet Maximum Depth
- Gateway Frontage and Interstate 10 Visibility
- Fenced and Rough Graded
EXECUTIVE SUMMARY
Over 250 feet frontage on Interstate 10 in East El Paso!
This property has great potential located right in the heart of the new industrial hub between Horizon Blvd and Darrington Rd.
The location features 250 feet of frontage, with maximum depth of 1,655 feet.
Property is fenced and is rough graded, great for existing businesses that need visibility and accessibility that I-10 offers. Property is also inside of the city of Socorro and El Paso a zoning of M-1.
This property has great potential located right in the heart of the new industrial hub between Horizon Blvd and Darrington Rd.
The location features 250 feet of frontage, with maximum depth of 1,655 feet.
Property is fenced and is rough graded, great for existing businesses that need visibility and accessibility that I-10 offers. Property is also inside of the city of Socorro and El Paso a zoning of M-1.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$11,698
|
$1,426.59
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,698
|
$1,426.59
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $11,698 |
| Annual Per AC | $1,426.59 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $11,698 |
| Annual Per AC | $1,426.59 |
PROPERTY FACTS
| Price | $1,800,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 8.20 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $1,800,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 8.20 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $1,800,000 | Lot Size | 8.20 AC |
| Price Per AC | $219,512.20 |
| Price | $1,800,000 |
| Price Per AC | $219,512.20 |
| Lot Size | 8.20 AC |
LEIGH CLARK SURV 298 ABST 6262 TR 17 (8.20 AC)
PROPERTY TAXES
| Parcel Number | X298-000-0000-0130 | Total Assessment | $426,986 (2023) |
| Land Assessment | $235,747 (2023) | Annual Taxes | $11,698 |
| Improvements Assessment | $191,239 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
X298-000-0000-0130
Land Assessment
$235,747 (2023)
Improvements Assessment
$191,239 (2023)
Total Assessment
$426,986 (2023)
Annual Taxes
$11,698
Tax Year
2024
ZONING
| Zoning Code | M-1 (Property Located inside the City of Socorro and City of El Paso Limits) |
| M-1 (Property Located inside the City of Socorro and City of El Paso Limits) |
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12620 Gateway E blvd - 8.2 acres-250 ft frontage i-10
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