1495 Frontage Road Socorro, NM $ 1,200,000
1495 Frontage Road
$ 1,200,000
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1495 Frontage Road

Socorro, NM, 87801
$ 1,200,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 8,382

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Commercial Property for sale in Socorro, NM

for $1,200,000. The lot size is 13.0 Acre(s).

13 Acres of MRGCD Water Rights. Seller currently uses the property for an unskilled Assisted Living Residential Care facility - This 4 bedroom house was converted into a 7 bed assisted living in 2018 with full fire suppression system, ramps, etc. The facility is fully operational. The sales price includes the business, the property, and water rights. Best uses for this property include hobby farm, Equine therapy, Equine hotel, 55+ permanent RV park, Vacation RV park, Assisted Living, mobile home park, self-storage, cannabis growing, and so much more. There's enough room on the property to have multiple revenue streams. The underlying loan is assumable and the seller is open to owner finance on the remaining balance.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Lot Size

13.0 Acre(s)

Town/City

Socorro

County/Region

Socorro

MLS | Web ID

1038218

Features
Interior
Building Amenities Storage
Cooling System Air Conditioning Central Air Evaporative Cooler
Heating Source Propane
Heating System Pellet Stove
Sewer Connection
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Exterior
Construction Frame Stucco
Fence Fenced Fenced Yard
Parking 1-20 Covered Parking Spaces
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Miscellaneous
Accessibility Wheel Chair Access
Commercial Sprinkler System
Utilities Electric Natural Gas Water
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* Excluded Features
List By
Rebecca Ybarra

Listing Agent

Realty One Of New Mexico

Broker

soldbyrebeccaybarra@gmail.com

Email

Affordability Calculator

$8,382
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
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1495 Frontage Road, Socorro, NM, 87801 is a Commercial Property for sale at $1,200,000 with a lot size of 13.0 Acre(s). 1495 Frontage Road has 0.0 baths. The property's zip code is 87801 which is in Socorro, NM