Darrington Land LLC

Vacant Land for Sale
Catylist Listing ID: 30709755
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 73.08 Acres
Sale Price: $4,900,000
Unit Price: $67,049 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2021

Overview / Comments

Recently annexed by the City of Socorro and currently not zoned. This is approximately 73.0778 acres of land on the northwest corner of Interstate 10 and Darrington, with over 1900 feet of frontage. This parcel is located in the Opportunity Zone which provides potential tax advantages to investors.

Attachments & Media

Financials

Finance Data Year 2020
Assessed Value - Total($) $1,289,223 (Annual)
Real Estate Taxes - Annual($) $44,071 (Annual)

Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: 670588
Zoning: N/A
Property Located Between: On I-10 Between Horizon & Darrington
Property Visibility: Excellent
Legal Description: ROBERT E NIX SURV #305 (73.0778 AC)
Largest Nearby Street: Darrington/Clint Cutoff
Feet of Frontage: 1,916
Highway Access: Located on the NW corner of I-10 EXIT 42
Airports: Approx. 18 mi to El Paso International (ELP); 24 mi to Ciudad Juárez International (CJS)
Site Description: This parcel is at the convergence of the rapid growth patterns of cities of Horizon, Clint and Socorro.
Area Description: Located on I-10, 12 miles to Ysleta International Port of Entry and 19 miles to the new Tornillo Port of Entry. The site is approximately 7 miles from the new Amazon Distribution Center.
Lot Frontage: 1900
Lot Depth: Irregular
Zoning Description: Recently annexed by the city of Socorro, not yet zoned.
Soil Type: Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,316 50,059
Median Age: 28.2 26.96
Households: 1,969 12,929

Contact

Photograph of Listing Agent

Michael Bray

RC Properties
Border CIE Member
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