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    115 E Smith Ave Tucumcari, NM 88401

    For Sale
    $129,000

    Mixed Use - Tucumcari, NM

    Type:Mixed Use
    Property size:
    1,100 SF
    Days on Market:
    276
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 115 E Smith Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    117906409329900
    Parking features
    Paved or Surfaced
    Exterior features
    Irregular Lot
    Size
    1,100 SF

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Roof type
    Flat
    Architectural style
    Other

    Keller Williams Realty (505) 983-5151 [email protected]

    Listing agent Ralph Larranaga (505) 983-5151

    Listing date Mar 13, 2025

    MLS# 20242890 Listing URL

    Copyright © 2025 New Mexico 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

    Versatile Space Near Historic Route 66

    This property, located less than half a mile from Historic Route 66, offers a versatile space previously used as a coffee shop. The 1100-square-foot space benefits from ample natural light provided by large windows, creating an airy and inviting atmosphere. The open floor plan allows for flexible layouts and configurations, suitable for various business types. A well-appointed counter space serves as a focal point, ideal for showcasing products or serving customers. The property is located in Tucumcari, Quay County, New Mexico, and is suitable for use as a trendy cafe, a boutique retail shop, or a cozy office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucumcari
    County
    San Miguel
    State
    New Mexico
    Longitude
    -103.725513
    Latitude
    35.180259

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    FAQs

    What type of property is this?
    Retail space - Charming space suitable for retail, office, or cafe use.
    Where is this retail space located?
    The property is located at 115 E Smith Ave Tucumcari, NM.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - Prime Location: Less than 1/2 mile from Historic Route 66.; - Versatile Space: Suitable for cafe, retail shop, or office.; - Open Floor Plan: Offers layout flexibility and customization.
    (505) 983-5151
    Request Owner's contact information
    115 E Smith Ave Tucumcari, NM 88401
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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
    115 E Smith Ave Tucumcari, NM 88401
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