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Fixer Upper Warehouses on Horizon on 2 AC 266 Horizon Blvd 13,000 SF Industrial Building Socorro, TX 79927 $1,500,000 ($115.38/SF)
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 2 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.
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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$13,500
|
$4.22
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,500
|
$4.22
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $13,500 |
| Annual Per SF | $4.22 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $13,500 |
| Annual Per SF | $4.22 |
PROPERTY FACTS
AMENITIES
- Fenced Lot
UTILITIES
- Lighting
- Water
- Sewer
1 1
PROPERTY TAXES
| Parcel Number | S533-000-0090-25B0 | Total Assessment | $341,000 |
| Land Assessment | $157,117 | Annual Taxes | $13,500 ($1.04/SF) |
| Improvements Assessment | $183,883 | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
S533-000-0090-25B0
Land Assessment
$157,117
Improvements Assessment
$183,883
Total Assessment
$341,000
Annual Taxes
$13,500 ($1.04/SF)
Tax Year
2025 Payable 2025
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Fixer Upper Warehouses on Horizon on 2 AC | 266 Horizon Blvd
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