Excellent development opportunity at 10340 Socorro Rd., Socorro, TX 79927. Property is approved by the City of Socorro for 11 individual lots, allowing one duplex per lot for a total of 22 residential units. Utilities are available at the property line, engineering/development plans are available, and a soil test has been completed. All property taxes are current. Very limited duplex development in the immediate surrounding area creates an attractive opportunity for a builder, developer, or investor. Build and sell the duplexes individually or retain the completed 22 units as an income-producing rental portfolio. Much of the preliminary planning and due diligence has already been completed, offering an excellent opportunity to move forward with a clearly defined residential development project. Contact listing agent for City approvals, plans, soil test, and additional information.
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