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    813-819 N 1St St Grants, NM 87020

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    For Sale
    $260,000

    Retail property with recent infrastructure and lighting upgrades for sale.

    Property size:
    10,418 SF
    Lot size:
    0.39 Acres

    Property Features for 813-819 N 1St St

    General Information

    Size
    10,418 SF
    Lot size
    0.39 Acres

    Source: Armistad Real Estate LLC Agent Chris Armistad

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Retail Property For Sale

    Recent enhancements have elevated the property's appeal, including the installation of energy-efficient exterior LED lighting and an upgraded pylon sign, which boosts visibility. The property has also benefited from citywide improvements undertaken in 2022. These upgrades include newly constructed sidewalks, repaved asphalt, modern plumbing and drainage systems, and new LED street lighting along 1st Street, Grants' main thoroughfare. The property is a good user/owner opportunity and a value add opportunity. Seller financing is available. The property size is 10418 square feet and is located at 813-819 N 1st St, Grants, NM.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    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
    Grants
    County
    Cibola
    State
    New Mexico
    Longitude
    -107.8443524
    Latitude
    35.1574572

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    FAQs

    What type of property is this?
    Retail property - Retail property with recent infrastructure and lighting upgrades for sale.
    Where is this retail property located?
    The property is located at 813-819 N 1St St Grants, NM.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Recently Updated Infrastructure: Featuring new sidewalks, repaved asphalt, modern plumbing/drainage, and LED street lighting.; - Energy-Efficient Exterior LED Lighting: Enhances appeal and reduces costs.; - Upgraded Pylon Sign: Boosts visibility.
    (505) 221-6999
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    813-819 N 1St St Grants, NM 87020
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    Grants, NM 87020
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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
    813-819 N 1St St Grants, NM 87020
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