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    4240&4242 Us 64 Kirtland, NM 87417

    For Sale
    $750,000

    Dual-Income Property, High Traffic Location, Investment Opportunity

    Property size:
    2,385 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 4240 & 4242 US 64 in Kirtland, NM, presents a prime investment opportunity. Spanning two acres, this established business location boasts a history of steady income for over three decades. The main building, currently leased as a tint shop, features 2,385 square feet of space, including three offices, a waiting room, two restrooms, and a substantial 30x60 shop with garage bay doors adaptable for alternative uses. Adjacent to this is a four-bay car wash, with one bay currently configured as a shop equipped for oil changes. Adding to the income stream, the property includes two mobile homes. One, a 1568 sq. ft. residence, is owner-occupied, while the other, a 675 sq. ft. unit, generates rental income. While some updates and maintenance are needed, this presents a significant opportunity to enhance the property's value and operational efficiency. The seller is open to dividing the property, offering flexible investment options to suit various strategies and financial goals. This high-traffic location ensures strong potential for continued and increased profitability. The asking price is $750,000.

    Property Features for 4240&4242 Us 64

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,385 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kirtland
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.3508
    Latitude
    36.74081

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    FAQs

    What type of property is this?
    Commercial real estate - Dual-Income Property, High Traffic Location, Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 4240&4242 Us 64 Kirtland, NM.
    What is the asking price?
    The asking price for this property is $750,000.
    (505) 327-4777
    Request Owner's contact information
    4240&4242 Us 64 Kirtland, NM 87417
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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
    4240&4242 Us 64 Kirtland, NM 87417
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