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    308 Burro Ave Cloudcroft, NM 88317

    New
    For Sale
    $2,900,000

    COMMERCIAL/OTHER - Cloudcroft, NM

    Property size:
    5,000 SF
    Lot size:
    0.12 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 308 Burro Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMERCIAL
    APN
    R035328
    Appliances
    Dryer, Range, Refrigerator
    Size
    5,000 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1992
    Building materials
    Brick, Brick Veneer
    Architectural style
    Other

    Gary Mack Real Estate (575) 682-3343 [email protected]

    Listing agent SKIP PRIDEMORE (575) 682-3343 License #18353

    Listing date Dec 6, 2025

    MLS# 171924 Listing URL

    Copyright © 2025 Otero 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.

    Overview

    Established Retail and Lease Space

    This property presents an opportunity to acquire one of the oldest and well-established businesses in the Village of Cloudcroft. The Bear Track building offers 10,000 square feet of space, encompassing retail, storage, and long-term lease areas. The property, situated on a 0.124-acre lot, includes retail and lease spaces with four bathrooms and two kitchens. The purchase of The Bear Track store includes all retail inventory, and the two lease spaces are currently occupied, providing additional income. The property is zoned for commercial use and contains 5,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Cloudcroft
    County
    Otero
    State
    New Mexico
    Longitude
    -105.659
    Latitude
    32.3644

    FAQs

    What type of property is this?
    Storefront property - Retail and lease space in Cloudcroft, New Mexico.
    Where is this storefront property located?
    The property is located at 308 Burro Ave Cloudcroft, NM.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Established business in the Village of Cloudcroft.; - 10,000 square feet of retail, storage, and long-term lease space.; - Includes all retail inventory.
    (575) 682-3343
    Request Owner's contact information
    308 Burro Ave Cloudcroft, NM 88317
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    Cloudcroft, NM 88317
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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
    308 Burro Ave Cloudcroft, NM 88317
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