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Two-Building Mixed-Use Property
For Sale
$1,675,000

11 Sherwood Blvd, White Rock, NM 87547

Includes a leased restaurant, commercial tenants, and studio units pending residential zoning approval.

Property Size8,639 SF
Price / SF$193.89
Days on Market121

Property Features for 11 Sherwood Blvd

General Information

Standard status Active
Size 8,639 SF
Property subtype Investment
Zoning WRTC

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Barker Realty, LLC
Listed By: Cozette Hansen · License #49928
Source: Carnm.resimplifi
Added: May 4 Changed: Aug 30 Last Checked: Aug 31 at 12:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barker Realty, LLC

Investment Insights

Based on property information with market context.

This 8,639-square-foot mixed-use property comprises two separate buildings at 11 and 13 Sherwood Blvd. One building is occupied by Pig & Fig restaurant under a long-term lease. The second supports multiple commercial uses, with space occupied by a LANL contractor, a barber shop, and a hair and nail salon. A dedicated basement houses mechanical systems.

The property is located in White Rock, New Mexico, and carries WRTC zoning. Two studio apartment units are included in the improvements and remain pending approval for residential use. The combination of restaurant, office or commercial occupancy, personal-service tenants, and potential residential components creates a varied existing configuration.

Key Highlights

  • 8,639‑square‑foot property spanning two distinct buildings
  • Pig & Fig restaurant occupies one building under a long‑term lease
  • Second building includes a LANL contractor, barber shop, and hair and nail salon

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby

Demographics for 87547, NM

5,873
Population
2,304
Households
2.5
Avg Household Size
47
Median Age
70%
College-Educated
100%
High-School Grad
6.5 sq mi
ZIP Area
904
Density / Sq Mi
$150,714
Median Household Income
$77,604
Median Earnings
$460,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a leased restaurant, commercial tenants, and studio units pending residential zoning approval.
Where is this mixed-use property located?
The property is located at 11 Sherwood Blvd White Rock, NM.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 8,639‑square‑foot property spanning two distinct buildings; Pig & Fig restaurant occupies one building under a long‑term lease; Second building includes a LANL contractor, barber shop, and hair and nail salon
More about this property
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