Leased Office
New
For Sale
$80,000
282 Ave B E, Fort Sumner, NM 88119
Commercial Sale, Fort Sumner, NM
Property Size1,645 SF
Lot Size0.33 Acres
Price / SF$48.63
Days on Market5
Property Features for 282 Ave B E
General Information
Property type
Commercial Sale
Property subtype
Office
Standard status
Active
APN
115201508335100
Lot size
0.33 Acres
Taxes and HOA fees
Tax Description
DEPOT: BLOCK 33 LOTS 1-2
Tax Annual Amount
676
Legal Description
DEPOT: BLOCK 33 LOTS 1-2
Building Details
Year built
1996
Listing Agency:
Town & Country Real Estate, Inc.
(575) 762-7776
Listed By:
Brian Essex · License #REC-2024-0356
(575) 309-7105
Added: Oct 9
Last Checked: Oct 13 at 5:06PM
MLS# 26001678
Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1996, the office property contains approximately 1,645 SF on a 0.33-acre parcel. It is currently occupied by the municipal courts and is being sold as-is.
A long-term lease is in place, with a reported 12% cap rate. Square footage, lease terms, income, expenses, and cap rate are subject to buyer verification.
A long-term lease is in place, with a reported 12% cap rate. Square footage, lease terms, income, expenses, and cap rate are subject to buyer verification.
Key Highlights
- Approximately 1,645 SF of office space
- Occupied by the municipal courts under a long‑term lease
- Reported 12% cap rate; buyer to verify
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 88119, NM
1,582
Population
1,101
Households
1.4
Avg Household Size
52
Median Age
8%
College-Educated
86%
High-School Grad
1,602.8 sq mi
ZIP Area
1
Density / Sq Mi
$37,361
Median Household Income
$28,828
Median Earnings
$727
Median Rent
$165,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Municipal courts occupy the property under a long-term lease.
Where is this office building located?
The property is located at 282 Ave B E Fort Sumner, NM.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Approximately 1,645 SF of office space; Occupied by the municipal courts under a long‑term lease; Reported 12% cap rate; buyer to verify
