Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    15066 Nm Hwy, Unit 75 Penasco, NM 87553

    Sponsored
    For Sale
    $350,000

    SINGLE_FAMILY - Penasco, NM

    Type:Retail
    Lot size:
    0.72 Acres
    Days on Market:
    162
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 15066 Nm Hwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    1068132218338
    Lot size
    0.72 Acres

    Building Details

    Number of units
    3

    Berkshire Hathaway HomeServices Taos Real Estate (575) 758-1924 [email protected]

    Listing agent Nova Sheppard (575) 758-1924 License #REC 2023-0119

    Listing date Jul 28, 2025

    Copyright © 2025 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.

    Overview

    Established Market in Penasco, NM

    This commercial property in Penasco, New Mexico, offers the opportunity to acquire a well-established family-owned food market and convenience store. Located on the main highway, the store has visibility, access, parking, and traffic flow. The property has a history of cash flow, sales, and income, making it a profitable investment. The property includes a 4160 sq ft market and convenience store, and a separate 1344 sq ft space suitable for an additional tenant, providing rental income and expansion possibilities. Situated on a 0.72-acre lot in the heart of Penasco, the property benefits from high visibility and easy access for local residents and travelers. As a long-standing business, the store has a customer base and ties to the local culture and economy. The extra space and lot size provide flexibility for future development or diversification of business offerings. A 2-bay car wash could be re-commissioned. Penasco offers a blend of suburban and rural living, attracting both long-time residents and newcomers. The area is known for its natural beauty and proximity to outdoor recreation opportunities, attracting tourists and residents. The community and steady traffic flow create a favorable environment for this type of business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Penasco
    County
    Taos
    State
    New Mexico
    Longitude
    -105.6876745
    Latitude
    36.17108961

    Nearby Similar for Sale

    • $3,500,000
      3,500 SF

      Penasco Ranch with Mountain Views

      Spacious ranch near Taos with mountain views and modern amenities.
      192 Llano De Ln Legua, Penasco, NM 87579
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - Profitable market and convenience store with additional rental space.
    Where is this grocery and convenience store located?
    The property is located at 15066 Nm Hwy, Unit 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.
    (575) 758-1924
    Request Owner's contact information
    15066 Nm Hwy, Unit 75 Penasco, NM 87553
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15066 Nm Hwy, Unit 75
    Penasco, NM 87553
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15066 Nm Hwy, Unit 75 Penasco, NM 87553
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.