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    899 E Roosevelt Ave Grants, NM 87020

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    For Sale
    Contact for pricing

    Investment property with tenant in place until December 2030.

    Property size:
    4,500 SF
    Lot size:
    0.10 Acres

    Property Features for 899 E Roosevelt Ave

    General Information

    Size
    4,500 SF
    Lot size
    0.10 Acres

    Source: Absolute Investment Realty Agent Consuelo (Conni) DeYoung

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

    Overview

    4,500 SF Investment Property

    This 4,500 square foot investment property is available for sale. The building features a newly installed heating and A/C combination unit. It is centrally located on main street near dental offices, stores, and restaurants. The current tenant, R. Greenleaf dispensary, has a lease until December 31, 2030. The property sits on two parcels and includes a drive-in roll-up door. It is situated on a corner lot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    -107.829642
    Latitude
    35.1609359

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    FAQs

    What type of property is this?
    Office building - Investment property with tenant in place until December 2030.
    Where is this office building located?
    The property is located at 899 E Roosevelt Ave Grants, NM.
    What are key features of this property?
    This property features: - Tenant in place (R. Greenleaf dispensary) with lease until Dec 31, 2030, providing immediate income.; - 4,500 sq ft building suitable for various business operations.; - Newly installed heating/A/C combination unit.
    (505) 730-7395
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    899 E Roosevelt Ave 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
    899 E Roosevelt Ave Grants, NM 87020
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