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    47 Ridge Road Silver City, NM 88061

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    For Sale
    $410,000

    COMMERCIAL - Silver City, NM

    Property size:
    1,800 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $227/SF
    Added:
    Apr 14, 2026
    Days on Market:
    22
    Last Refresh:
    May 5 at 4:06 pm

    Property Features for 47 Ridge Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    R079296
    Size
    1,800 SF
    Lot size
    0.67 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Subd:QUAIL RIDGE MOBILE PARK Lot1 Unit:2 AND:-Lot 2 Unit:2 PT LOT 20.673AC.
    Tax Annual Amount
    544

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1979
    Building materials
    AluminumSiding, MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Cyril Nalty

    Listing agent Cyril Nalty License #52815

    Listing office Century 21 Hacienda Realty 217 N Bullard, NM

    Listing date Apr 14, 2026

    MLS# 41464

    Copyright © 2026 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

    Turn-Key Auto Body Shop

    This turn-key auto body shop presents a ready-to-operate opportunity for an owner-operator or investor. The property features a well-maintained metal building designed for efficient workflow. The building includes a furnished front office suitable for customer intake, estimating, and administrative tasks. Professional-grade equipment is included in the sale, offering a plug-and-play operation. Equipment includes an AFC paint booth with a Dayton exhaust system and 5,000K lighting, a Martin Senour Tech Base paint mixing system with Prospector and Global Box Chip systems, a paint shaker and camera system for color matching, and a Blackhawk floor-type pulling system with chains and attachments. Additional equipment includes a 2021 Hobart 220 welder and a Champion V-Series 220 air compressor with a 100-gallon tank. The property has a fully fenced, graveled parking lot providing secure space for vehicle storage, staging, or tow-lot use. The property is ideal for auto body, paint, or collision repair businesses. The lot size is 0.67 acres and the building size is 1800 square feet. The property is located in Silver City, NM.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Leck's Auto Paint ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Accounting Firm Storage Facility Discount Store Car Rental Facility Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Silver City
    County
    Grant
    State
    New Mexico
    Longitude
    -108.276508
    Latitude
    32.749049

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    FAQs

    What type of property is this?
    Auto shop - Fully equipped auto body shop ready for immediate operation.
    Where is this auto shop located?
    The property is located at 47 Ridge Road Silver City, NM.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: Turn‑key auto body shop ready for immediate operation; Includes professional‑grade equipment: AFC paint booth, Martin Senour paint mixing system, Blackhawk pulling system, and more; Well‑maintained metal building designed for efficient workflow
    (575) 956-5379
    We can help!
    Listing Contact
    Cyril Nalty
    Real Estate License ID: 52815
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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