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    301 W College Ave Silver City, NM 88061

    Sponsored
    For Sale
    $1,200,000

    COMMERCIAL - Silver City, NM

    Property size:
    15,515 SF
    Lot size:
    0.91 Acres
    Days on Market:
    312
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 301 W College Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    R096988
    Parking features
    Parking Lot, On Street
    Appliances
    GasWaterHeater
    Size
    15,515 SF
    Lot size
    0.91 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Building materials
    Block, Frame, Concrete, Stucco
    Additional Structures
    Storage

    Smith Real Estate (575) 538-5373 [email protected]

    Listing agent Rebecca K Smith (575) 538-5373 License #6755

    Listing date Feb 28, 2025

    Copyright © 2025 Silver City Regional 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

    Historic Commercial Complex in Silver City

    This one-of-a-kind commercial complex, originally built as apartments in the 1920s, offers a blend of historic charm and modern amenities. Situated on nearly one acre on the edge of downtown Silver City, New Mexico, it is located three blocks from Western New Mexico University (WNMU). The property features 18 units of varying sizes, currently used primarily as medical and professional offices, with two apartments also on site. The complex includes fiber-optic internet and telephone services. A beautifully landscaped, enclosed inner courtyard provides a tranquil oasis off College Avenue. The property also has a paved parking lot in the rear with courtyard access. The complex is professionally managed and experiences steady income with low turnover.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    QUANTUM VIEW THERAPY Psychotherapist National Sinus Institute Medical Clinic Mental Health Services Mental Health Service Counseling Group-Southwest Nm Family Counselor Counseling Group-Southwest Nm: ... Family Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Advanced Veterinary Care

    Location Insight

    • Map
    • Local Demand
    City
    Silver City
    County
    Grant
    State
    New Mexico
    Longitude
    -108.277729
    Latitude
    32.774305

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    FAQs

    What type of property is this?
    Medical office - Unique commercial complex near downtown and WNMU, Silver City, NM
    Where is this medical office located?
    The property is located at 301 W College Ave Silver City, NM.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - One-of-a-kind historic commercial complex on nearly one acre near downtown and WNMU.; - 18 units with a mix of medical, professional offices, and apartments, providing steady income and low turnover.; - Professionally managed with fiber-optic internet and telephone.
    (575) 538-1107
    Request Owner's contact information
    301 W College Ave Silver City, NM 88061
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    Silver City, NM 88061
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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
    301 W College Ave Silver City, NM 88061
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