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Investment Highlights

  • 2025 Property Taxes: $13,500.00
  • Warehouse in the Back Measures 50 Ft x 110 Ft
  • Property Requires Remodel, Great Fixer Upper Opportunity
  • 3 Buildings Total Measuring Over 13,000 Sq Ft
  • Lot Fenced Total and Measures 5.27 Acres

Executive Summary

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. The result is an attractive, efficient, and market-ready facility that can support local businesses, logistics operations, or light industrial users, while contributing positively to economic development in the area.

Attachments

Site Plan

Taxes & Operating Expenses (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Taxes $18,501 $1.42
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025)

Taxes (CAD)
Annual $18,501
Annual Per SF $1.42
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $18,501
Annual Per SF $1.42

Property Facts Under Contract

Price $1,767,829 CAD
Price Per SF $135.99 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Truck Terminal
Building Class C
Lot Size 5.27 AC
Rentable Building Area 13,000 SF
No. Stories 1
Year Built 1979
No. Drive In / Grade-Level Doors 5
Zoning M-2 - General Manufacturing and Industrial Uses

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Water
  • Sewer
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
S533-000-0090-25B0
Land Assessment
$215,250 CAD
Improvements Assessment
$251,920 CAD
Total Assessment
$467,170 CAD
Annual Taxes
$18,501 CAD ($1.42 CAD/SF)
Tax Year
2025 Payable 2025
  • Listing ID: 38793132

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 266 Horizon Blvd, Socorro, TX 79927

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