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🏢 Just listed — Storefront Retail for sale in Socorro, NM.

📍 512 US-85, Socorro, NM
🏷  Storefront Retail · For Sale
💰 $499K
📈 12.00% cap

Retail | 12.00% CAP | 6,472 SqFt

<ul><li>Prime Commercial Location - High-visibility retail site in Socorro, NM</li><li>6,472 Sq. Ft. Freestanding Building</li><li>Development Opportunity - Additional land for potential expansion</li></ul>

Full financials, photos, and broker contact:
https://commrty.com/property/new-mexico/socorro/512-us-85-2593704-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=512-us-85-2593704

#Socorro #Retail #CommercialRealEstate #CRE #Investment

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Home/NM/Socorro

512 US-85

Socorro, NM 87801

Asking Price

$499K

Cap Rate

12%

Asset Type

Storefront Retail

Class

Class B

What's Special

Retail | 12.00% CAP | 6,472 SqFt <ul><li>Prime Commercial Location - High-visibility retail site in Socorro, NM</li><li>6,472 Sq. Ft. Freestanding Building</li><li>Development Opportunity - Additional land for potential expansion</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

16.03%

DSCR

2.70

Strong

Cash-on-Cash

33.65%

Monthly Payment

$2,468.78

Annual Cash Flow

$50,374.643

Location & Travel Times

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