Market and Convenience
For Sale
Under Contract
$350,000
15066 NM Hwy 75, Penasco, NM 87553
SINGLE_FAMILY - Penasco, NM
Property Size5,504 SF
Lot Size0.72 Acres
Price / SF$63.59
Days on Market379
Property Features for 15066 NM Hwy 75
General Information
Property type
Residential
Property subtype
Retail
Zoning description
County
Directions
From Taos: S on NM Hwy 518, R on NM Hwy 75 - the High Road to Taos - to the Market in the heart of Penasco. From Dixon: NE on NM Hwy 75 - the High Road to Taos - to the Market in the heart of Penasco. From Espanola: NE on NM Hwy 76 through Chimayo and Truchas, R on NM Hwy 75 - the High Road to Taos - to the Market in the heart of Penasco; OR, NE on NM Hwy 68, R on NM Hwy 75 - the High Road to Taos - through Dixon to the Market in the heart of Penasco.
Subdivision
PENASCO AREA (29B)
Standard status
Active Under Contract
APN
1068132218338
Lot size
0.72 Acres
Taxes and HOA fees
Tax Description
TBD by title & survey. Section 5, T22N, R12E, NMPM, w/in Picuris Pueblo Grant. 0.71 Acres +/-.
Legal Description
TBD by title & survey. Section 5, T22N, R12E, NMPM, w/in Picuris Pueblo Grant. 0.71 Acres +/-.
Building Details
Number of units
3
Listing Agency:
Berkshire Hathaway HomeServices Taos Real Estate
(575) 758-1924
Listed By:
Nova Sheppard · License #REC 2023-0119
(575) 779-4440
Added: Jul 28, 2025
Changed: Aug 9
Last Checked: Aug 10 at 2:06AM
MLS# 113777
Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property offers a combined market and convenience store setup with two distinct spaces. The primary portion includes a 4,160 square foot market and convenience store, and there is a separate 1,344 square foot space that can support an additional tenant. The site also includes a 2-bay car wash as part of the overall improvements.
Located at 15066 NM Hwy 75 in Penasco, the property is positioned on the main highway with visibility and convenient access. Parking and traffic flow are highlighted in the offering materials, supporting continued retail activity for both local customers and travelers.
The property sits on a 0.72-acre lot, providing room for parking and operational functionality associated with retail and service use on a highway corridor.
Located at 15066 NM Hwy 75 in Penasco, the property is positioned on the main highway with visibility and convenient access. Parking and traffic flow are highlighted in the offering materials, supporting continued retail activity for both local customers and travelers.
The property sits on a 0.72-acre lot, providing room for parking and operational functionality associated with retail and service use on a highway corridor.
Key Highlights
- Proven Profitability: Long history of strong cash flow, stable sales, and income.
- Dual Income Potential: Features a 4160 sq ft market/store and a separate 1344 sq ft space for additional rental income.
- Prime Location: Situated on the main highway in the heart of Penasco, offering excellent visibility.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87553, NM
1,023
Population
634
Households
1.6
Avg Household Size
44
Median Age
15%
College-Educated
87%
High-School Grad
11.9 sq mi
ZIP Area
86
Density / Sq Mi
$44,219
Median Household Income
$34,231
Median Earnings
$956
Median Rent
$200,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Retail store property on NM Hwy 75 with two separate spaces and an attached 2-bay car wash.
Where is this grocery and convenience store located?
The property is located at 15066 NM Hwy 75 Penasco, NM.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Proven Profitability: Long history of strong cash flow, stable sales, and income.; Dual Income Potential: Features a 4160 sq ft market/store and a separate 1344 sq ft space for additional rental income.; Prime Location: Situated on the main highway in the heart of Penasco, offering excellent visibility.
