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    116 Pine St Deming, NM 88030

    Sponsored
    For Sale
    $199,000

    Downtown Deming, High-Potential Investment

    Property size:
    6,460 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 6,460 square foot commercial building presents a rare opportunity to own a piece of Deming's history. Constructed in 1900, this versatile property boasts a rich past, having served as a bar, restaurant, and even a skating rink. Its prime downtown location offers unparalleled visibility and accessibility. Situated on a generous 0.16-acre lot (50' x 142'), the building features a substantial footprint, including a partial basement. The interior layout is flexible and adaptable, comprising several separate rooms, two very large rooms, and two restrooms. The building's substantial size and diverse room configuration offer a multitude of potential uses, making it ideal for a variety of commercial ventures. Imagine the possibilities – from retail and hospitality to office space or creative studios. The building's character and location provide a unique opportunity for an entrepreneur or investor seeking a high-impact property in a vibrant downtown setting. The asking price of $199,000 represents a compelling investment in a piece of Deming's heritage and a promising future. This is a chance to acquire a significant commercial property with immense potential in a thriving New Mexico community. Don't miss this chance to own a piece of Deming's legacy.

    Property Features for 116 Pine St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,460 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Mariscos El Molcajete Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.7596
    Latitude
    32.26822

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    FAQs

    What type of property is this?
    Commercial real estate - Downtown Deming, High-Potential Investment
    Where is this commercial real estate located?
    The property is located at 116 Pine St Deming, NM.
    What is the asking price?
    The asking price for this property is $199,000.
    (575) 546-8818
    Request Owner's contact information
    116 Pine St Deming, NM 88030
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    Deming, NM 88030
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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
    116 Pine St Deming, NM 88030
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