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    200 E Santa Fe Ave Grants, NM 87020

    Pending
    For Sale
    $399,000

    Retail - Grants, NM

    Type:Retail
    Lot size:
    0.16 Acres
    Days on Market:
    158
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 200 E Santa Fe Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Pending
    Zoning
    C-2
    APN
    2055062345123
    Parking
    12
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas
    Cooling system
    Evaporative Cooling

    Building Details

    Floors in Building
    1
    Building materials
    Block, Stucco
    Architectural style
    Other

    R1 Commercial (505) 510-0170 [email protected]

    Listing agent Debrah Kemp (505) 883-9400 License #51040

    Listing date Jul 11, 2025

    MLS# 1082650 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Route 66 Retail Opportunity

    Located on Route 66 in Grants, New Mexico, this commercial property offers a versatile space within a recently renovated, freestanding building. The structure encompasses 6,956 square feet and features an open floor plan suitable for various business operations. The layout includes two showrooms, a private office, a break room, and an on-site warehouse for storage. The property was updated in 2021 with a TPO roof, stucco, fresh interior paint, and new drywall, providing a modern interior. The property has operated as a family-owned furniture business for approximately 30 years. The property is zoned C-2 and sits on a lot of 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grants
    County
    Cibola
    State
    New Mexico
    Longitude
    -107.8479672
    Latitude
    35.1499712

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    FAQs

    What type of property is this?
    Showroom - Renovated commercial property on Route 66 in Grants, New Mexico.
    Where is this showroom located?
    The property is located at 200 E Santa Fe Ave Grants, NM.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Recently renovated in 2021 with TPO roof, stucco, fresh paint, and new drywall.; - Large 6,956-square-foot freestanding building on Route 66.; - Versatile open floor plan suitable for various business uses.
    (505) 883-9400
    Request Owner's contact information
    200 E Santa Fe Ave Grants, NM 87020
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    Grants, NM 87020
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    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
    200 E Santa Fe Ave Grants, NM 87020
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