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401-413 Eastwood Loop Socorro, NM $ 825,000
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$ 825,000 Get more info
401-413 Eastwood Loop
$ 825,000
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401-413 Eastwood Loop

Socorro, NM, 87801
$ 825,000
Bedrooms-- Baths-- Sq 700

Monthly Estimate*

$ 5,080

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Commercial Property for sale in Socorro, NM

for $825,000. This 700 square foot building was built on a lot size of 2.98.

Discover a ''park-like'' investment opportunity in a quiet, high-demand area. This well-established community is shaded by majestic Cottonwood trees and features expansive grass open spaces, offering a tranquil environment that ensures long-term tenant retention.Diverse Income Stream: 13 total units, including 1 site-built residential home and 4 park-owned mobile homes (POHs) providing immediate cash flow.Expansion Ready: Value-add potential with space and layout for 5 additional units, allowing for a significant increase in Net Operating Income (NOI).Premium Amenities: Includes a Large Red Barn Storage Unit, perfect for on-site maintenance, owner storage, or as a secondary revenue stream through tenant rentals.

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Commercial Active

Price

$ 825,000

Property Type

Commercial

Taxes

$ 3,600

Style

Lot Size

2.98

Town/City

Socorro

County/Region

Socorro

MLS | Web ID

1100886
Features
General
Heating Other
Cooling Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Available
Construction Materials Frame
Tenant Pays Electricity Gas Insurance
Property Subtype Mobile Home
Gross Income 81000
Accessibility None
County Socorro
Operating Expense 0
Insurance Expense 1400
Property Type Commercial Sale
MaintenanceExpense 0
Building Features Storage
Status Active
Directions Take I25 Heading Ssouth to Socorro 1st exit to Socorro turn left at 1st traffic light over the bridge to frontage road to the property.
City Socorro
Disclosures Principal is Real Estate Licensed RANM 2100 Disclosure
Zoning Description R-4
MLS Area 620 - North Socorro
Lot Size Square Feet 129896
Listing Terms Cash Conventional
Land Lease Y/N false
Tax Annual Amount 3600
Ok to Lease 12 Months
Leasable Area 100
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Mobile Home
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Interior
Total Stories 1
Air Conditioning Y/N true
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Exterior
Parking Features On Site
Total Parking 26
Building Area Total 700
Lot Size Acres 2.98
Road Surface Type Paved
Lot Size Source Estimated
Road Frontage Type City Street Highway
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* Excluded Features
List By
Kathleen P Griego

Listing Agent

Coldwell Banker Legacy

Broker

kathleengriego@yahoo.com

Email

Affordability Calculator

$5,380
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$300
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/1/2026$825,000 Listed Price

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401-413 Eastwood Loop, Socorro, NM, 87801 is a Commercial Property for sale at $825,000 with 700 sqft and a lot size of 2.98. The property's zip code is 87801 which is in Socorro, NM

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