Storefront Property with Lease
For Sale
$2,900,000
308 Burro AVE, Cloudcroft, NM 88317-9
COMMERCIAL/INDUSTRIAL, Cloudcroft, NM
Property Size10,000 SF
Price / SF$290
Days on Market277
Property Features for 308 Burro AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
COMMERCIAL
Appliances
CEILING FAN, DRYER CONN, ELEC, REFRIGERATOR, RANGE OVEN, GAS, WASHER CONN., WATER HTR, ELEC, WATER HTR, GAS
Subdivision
CLOUDCROFT
Standard status
Active
APN
R035328
Size
10,000 SF
Utilities
Heating system
Other (Heating)
Cooling system
None (Cooling)
Building Details
Year built
1992
Building materials
WOOD
Listing Agency:
Gary Mack Real Estate
(575) 682-3343
Listed By:
SKIP PRIDEMORE · License #18353
(575) 446-8125
Added: Dec 6, 2025
Changed: Aug 19
Last Checked: Sep 9 at 7:06PM
MLS# 171924
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located at 308 Burro AVE in Cloudcroft, this 10,000-square-foot wood-built storefront property combines retail space, storage, and two long-term lease areas. The leased areas are occupied and provide an additional income component to the property’s existing commercial configuration.
The building includes four bathrooms and two kitchens, with retail inventory included in the sale. Constructed in 1992, the property has other heating and no cooling listed. Appliances and connections include refrigerators, range ovens, water heaters, a dryer connection, and a washer connection.
The building includes four bathrooms and two kitchens, with retail inventory included in the sale. Constructed in 1992, the property has other heating and no cooling listed. Appliances and connections include refrigerators, range ovens, water heaters, a dryer connection, and a washer connection.
Key Highlights
- 10,000 square feet of retail, storage, and long‑term lease space
- Two occupied lease spaces provide an additional income component
- Four bathrooms and two kitchens
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 88317-9, NM
1,953
Population
2,983
Households
0.7
Avg Household Size
55
Median Age
28%
College-Educated
98%
High-School Grad
272.6 sq mi
ZIP Area
7
Density / Sq Mi
$72,083
Median Household Income
$42,197
Median Earnings
$922
Median Rent
$206,000
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Wood-built commercial property combining retail, storage, and occupied leased areas in Cloudcroft.
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: 10,000 square feet of retail, storage, and long‑term lease space; Two occupied lease spaces provide an additional income component; Four bathrooms and two kitchens
