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    450 Llano St Aztec, NM 87410

    For Sale
    $309,000

    Prime Aztec location, ready for development. Nine lots, city utilities.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 1.43-acre commercial property presents a remarkable development opportunity in the thriving city of Aztec, New Mexico. Conveniently situated near the local youth sports fields off Llano Street, this land boasts excellent visibility and accessibility. Currently divided into nine individual lots, this parcel offers unparalleled flexibility for a variety of commercial ventures. Imagine the possibilities: a high-density multi-family development, a cluster of smaller commercial buildings, or a single large-scale facility. The choice is yours. The property is serviced by readily available city utilities, eliminating the complexities and delays often associated with new construction projects. This significantly reduces upfront costs and streamlines the development process, allowing for a quicker return on investment. The strategic location, coupled with the existing lot divisions and readily accessible utilities, makes this a truly exceptional opportunity for an astute investor or developer seeking a prime location in a growing community. Don't miss this chance to acquire a piece of Aztec's vibrant commercial landscape. The property is priced at $309,000.

    Property Features for 450 Llano St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    62,291 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Aztec
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.0013
    Latitude
    36.81901

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Aztec location, ready for development. Nine lots, city utilities.
    Where is this commercial real estate located?
    The property is located at 450 Llano St Aztec, NM.
    What is the asking price?
    The asking price for this property is $309,000.
    (505) 325-2100
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    450 Llano St Aztec, NM 87410
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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
    450 Llano St Aztec, NM 87410
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