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    664 Frontage Rd Algodones, NM 87001

    For Sale
    $700,000

    Versatile Commercial Property, Owner Financing

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 4,000 square foot warehouse, previously an art gallery, sits on a spacious 2.32-acre lot in Algodones, New Mexico. The property boasts a sizable office area within the warehouse itself, offering flexibility for various business needs. Its zoning allows for a wide range of commercial and residential uses, including but not limited to: RV park, RV sales, storage facility, trucking yard, retail sales and service, or continued use as office and warehouse space. The significant lot size presents ample opportunities for expansion or development. A key advantage is the inclusion of a large outdoor sign currently leased to Lamar Advertising. One side of this sign is reserved for the property owner's advertising, with Lamar providing installation services. This presents a valuable marketing opportunity for any new business. The property's plat map, Tract A2, clearly delineates its boundaries. Attractive owner financing options are available, making this a compelling investment opportunity. The property's diverse zoning and ample space make it an ideal location for entrepreneurs seeking a versatile commercial property in a growing area. The existing infrastructure and the included advertising sign further enhance its appeal and potential return on investment. Serious inquiries are encouraged to explore the possibilities of this unique property.

    Property Features for 664 Frontage Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,000 SF
    Lot Size
    101,059 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Dental Office Garden Center Veterinary Clinic Arcade & Gaming Center Toy Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Algodones
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.4293
    Latitude
    35.4158

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Commercial Property, Owner Financing
    Where is this commercial real estate located?
    The property is located at 664 Frontage Rd Algodones, NM.
    What is the asking price?
    The asking price for this property is $700,000.
    (505) 554-3873
    Request Owner's contact information
    664 Frontage Rd Algodones, NM 87001
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    Algodones, NM 87001
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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
    664 Frontage Rd Algodones, NM 87001
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