Commercial Land with Restaurant
For Sale
$499,000
4130 US 64, Kirtland, NM 87417
COMMERCIAL - Kirtland, NM
Property Size3,044 SF
Lot Size3.05 Acres
Price / SF$163.93
Days on Market158
Property Features for 4130 US 64
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Central Business, General Commercial, Single-Fam MH
Directions
West on US 64 from Farmington, property is on the north side of the Hwy, approximately 1/2 mile west of the light.
Subdivision
Kirt/Fruit N 64
Standard status
Active
Size
3,044 SF
Lot size
3.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
E1/2SE/NE/NW OF SEC 12 29 15, THENCE S0-15W 458.41 LYING NORTH OF HWY, N71-01W 348.63, S89-17E 329.75 TO PT OF BEG. BK
Tax Annual Amount
4884
Legal Description
E1/2SE/NE/NW OF SEC 12 29 15, THENCE S0-15W 458.41 LYING NORTH OF HWY, N71-01W 348.63, S89-17E 329.75 TO PT OF BEG. BK
Utilities
Heating system
Natural Gas
Cooling system
Evaporative Cooling
Building Details
Floors in Building
1
Listing Agency:
Real Estate PROS
(505) 588-7767
Listed By:
Brandon Ryan · License #53887
(505) 588-7767
Added: Feb 23
Changed: Jun 1
Last Checked: Jul 31 at 8:06AM
MLS# 26-213
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.
Investment Insights
Based on property information with market context.
This versatile 3-acre commercial property on US Highway 64 includes an income-producing 2,148 sq ft restaurant with a long-term tenant paying $3,000 per month, plus a 14x60 manufactured home generating $1,000 per month. In addition to the existing structures, the remaining acreage can support future development or alternative uses.
The site is positioned for visibility and access with highway frontage on a heavily traveled corridor in Kirtland, New Mexico. City water and sewer are available on the parcel. The property is suited to a range of possibilities such as a mobile home or RV park, mini storage, retail or service outlets, additional commercial buildings, or truck/trailer parking and equipment storage, subject to applicable approvals.
Taxes may change upon sale, and the buyer is responsible for verifying square footage, age, and taxes.
The site is positioned for visibility and access with highway frontage on a heavily traveled corridor in Kirtland, New Mexico. City water and sewer are available on the parcel. The property is suited to a range of possibilities such as a mobile home or RV park, mini storage, retail or service outlets, additional commercial buildings, or truck/trailer parking and equipment storage, subject to applicable approvals.
Taxes may change upon sale, and the buyer is responsible for verifying square footage, age, and taxes.
Key Highlights
- 3‑acre commercial site with highway frontage on heavily traveled US Highway 64 in Kirtland, NM
- 2,148 SF restaurant with a long‑term tenant paying $3,000/month
- 14x60 manufactured home generating $1,000/month
Financial Insights For Specialty Retail
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 | $44.9k | $14.76 |
| − Vacancy | −$2.8k | −$0.93 |
| EGI | $42.1k | $13.83 |
| − OpEx | −$10.5k | −$3.46 |
| NOI | $31.6k | $10.37 |
3,044 SF · lease $14.76/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$451.1K
$394.7K – $526.2K
NOI $31,574 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$629.7K
$551.0K – $734.7K
NOI $44,080 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 87417, NM
5,838
Population
1,961
Households
3
Avg Household Size
35
Median Age
11%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
526
Density / Sq Mi
$65,396
Median Household Income
$35,246
Median Earnings
$799
Median Rent
$180,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - 3-acre site on US Highway 64 includes an income-producing restaurant and a manufactured home, with city water and sewer available.
Where is this conventional restaurant located?
The property is located at 4130 US 64 Kirtland, NM.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3‑acre commercial site with highway frontage on heavily traveled US Highway 64 in Kirtland, NM; 2,148 SF restaurant with a long‑term tenant paying $3,000/month; 14x60 manufactured home generating $1,000/month
