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    Medical Office Building with Two-Bay Garage Title is generated by Realmo AI

    1607 W AZTEC Boulevard, Aztec, NM 87410

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    Claim this Listing
    For Sale
    $626,750

    COMMERCIAL - Aztec, NM

    Property size:
    6,184 SF
    Lot size:
    2.48 Acres
    Price / SF:
    $101/SF
    Added:
    Jul 18, 2025
    Days on Market:
    329
    Last Refresh:
    Jun 11 at 3:06 pm

    Property Features for 1607 W AZTEC Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security Lighting
    Standard status
    Active
    Size
    6,184 SF
    Lot size
    2.48 Acres

    Taxes and HOA fees

    Tax Description
    BEG S 656.61 FT AND W 40 FT AND S49'19'W 157.60 FT AND S38'58'W 37.86 FT FROM NE COR E1/2SENW 083011 TH S 303.83 FT, S8

    Utilities

    Cooling system
    Central Air

    Building Details

    Floors in Building
    1

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    Listing Contact
    Richard Buffington
    Richard Buffington

    Listing agent Richard Buffington License #53774

    Listing office San Juan Realty 624 E Main, Farmington, NM

    Listing date Jul 18, 2025

    MLS# 25-938

    Copyright © 2026 San Juan County Board 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.

    HighLights

    • 6,184 sq ft commercial building with frontage on W Aztec Blvd
    • Originally designed as an ambulance center; layout includes multiple common areas
    • Large two‑bay garage plus over 16 private offices
    • Most recently used as EPO offices for the Aztec school district
    • Central air cooling
    • Additional home on the property is sold as‑is

    Overview

    This medical-office building totals 6,184 square feet and sits on 2.48 acres. The property includes a large two-bay garage, multiple common areas, and more than 16 private offices, reflecting its original ambulance-center design. The building has been maintained for office use and is described as being in excellent condition based on the most recent use. A separate home on the rear of the property conveys in as-is condition.

    The facility is located at 1607 W AZTEC Boulevard in Aztec, New Mexico. It provides frontage on Aztec Boulevard, supporting convenient customer access and on-corridor visibility.

    With its office layout and institutional footprint, the building can accommodate a range of buyers looking for an adaptable setting for business, medical, government, or institutional operations. The two-bay garage and dedicated office configuration are useful for organizations that need both administrative space and practical back-of-house capacity. Showings are available by appointment.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $92.0k $14.88
    − Vacancy −$18.4k −$2.98
    EGI $73.6k $11.90
    − OpEx −$18.4k −$2.98
    NOI $55.2k $8.93
    6,184 SF · lease $14.88/SF/yr · vacancy 20.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $788.7K
    $690.1K – $920.2K (±1% cap)
    NOI $55,211 @ 7.0% cap · market cap 8.81%
    Second Best
    Healthcare Medical
    $697.9K
    $610.6K – $814.2K (±1% cap)
    NOI $48,851 @ 7.0% cap · market cap 7.79%
    Theoretical Best
    Office A
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,551 @ 7.0% cap · market cap 14.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aztec
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.015005
    Latitude
    36.827588

    FAQs

    What type of property is this?
    Office building - Versatile medical-office style facility with private offices and a large two-bay garage for flexible institutional use.
    Where is this office building located?
    The property is located at 1607 W AZTEC Boulevard Aztec, NM.
    What is the asking price?
    The asking price for this property is $626,750.
    What are key features of this property?
    This property features: 6,184 sq ft commercial building with frontage on W Aztec Blvd; Originally designed as an ambulance center; layout includes multiple common areas; Large two‑bay garage plus over 16 private offices
    More about this property
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