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    OFF-MARKET
    Commercial real estate

    2 Off Hwy, Costilla, NM 87524

    2,530 SF 0.47 ac lot Built 1976
    Property ID
    Property summary
    AI-generated overview

    This exceptional Costilla, NM business boasts a prime location at the corner of Highway 522 and NM-196, serving as a vital community hub and attracting numerous tourists. The 2,530 sq ft property sits on a 0.47-acre lot and includes a fully operational gas station with four new fuel dispensers featuring tap payment, an air compressor, and LED signage. A recently obtained grant will soon add an electric car charging station. The well-maintained building, renovated in 2022, features a fully commercial-rated kitchen, ample storage, including refrigeration and freezer units, and a secure back office. The store offers a diverse range of products, including groceries, snacks, home goods, mechanic supplies, lottery tickets, and nicotine products. The business also includes a profitable ATM. The forced air heating and cooling system ensures year-round comfort. This turnkey operation presents a unique opportunity to own a thriving, established business in a stunning, high-traffic location. The asking price is $1,259,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1976
    Total area 2,530 SF
    Lot 0.47 ac (20,473 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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