Socorro, TX
Commercial Real Estate Market Trends & Data

$99 Avg asking sale price
$23 Avg asking lease rate
225,023 SF Avg unit lease size
192,106 SF Avg building size for sale
9.05% Average cap rate

Socorro's Demographic Profile

Socorro has 11,678 households and a median income of $42,694, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 38,593
# Households 11,678
Median age 35
Median household income $42,694
Avg household size 3.0
Renter-occupied housing units 2,706
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Socorro, TX

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Horizon City $220 29,970 SF 10.00%
El Paso $267 13,066 SF 10.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Socorro $30 380,584 SF 10.00%
Horizon City $180 23,896 SF 10.00%
El Paso $181 34,798 SF 10.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Socorro $145 5,843 SF
Horizon City $307 24,000 SF
San Elizario $78 3,200 SF
El Paso $304 14,526 SF
Fort Bliss $189 9,898 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Socorro $136 2,477 SF 8.10%
El Paso $160 10,060 SF 8.13%
Alamogordo $187 30,944 SF 7.21%

Commercial Properties For Sale in Socorro

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

11601 Valle Bajo Rd

Socorro, TX 79927

  • 2,714 SF Multifamily
  • 8.10% Cap Rate
  • $369,000
For Sale

Build-To-Suit Opportunity, Eastwind & N Loop

Clint, TX 79836

  • 5 AC Lot
  • 1 Commercial Lot
  • $4,356,000
For Sale

4 Acres Near N Loop Dr

Socorro, TX 79927

  • 4.10 AC Lot
  • 1 Commercial Lot
  • $200,000
For Sale

9.07 Acres Half Mile From I-10

El Paso, TX 79928

  • 9.07 AC Lot
  • 1 Commercial Lot
  • $3,000,000
For Sale

10 Acres with Interstate Frontage

Socorro, TX 79928

  • 10 AC Lot
  • 1 Commercial Lot
  • $2,950,000
For Sale

Montevideo @ Horizon Commercial Lot

Socorro, TX 79927

  • 0.35 AC Lot
  • 1 Commercial Lot
  • $198,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Socorro pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Socorro $99 192,106 SF
Horizon City $297 15,635 SF
San Elizario $107 2,718 SF
El Paso $257 19,104 SF

Regional Demographic Comparison

This comparison places Socorro alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Socorro or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Socorro 38,593 11,678 35 $42,694 3 2,706 3%
Horizon City 23,431 6,763 30 $61,226 4 1,124 1%
San Elizario 11,633 3,272 32 $41,921 4 843 -5%
El Paso 675,460 242,772 35 $52,049 3 101,698 1%
Fabens 1,578 476 33 $34,642 3 113 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Socorro, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Socorro

View All Commercial Real Estate For Sale in Socorro
Is Socorro a good market for a first-time commercial real estate investor?

Socorro offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Socorro?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Socorro. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Socorro?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Socorro. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Socorro compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Socorro. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Socorro acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Socorro, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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