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Storefront Building with Lease Space
For Sale
$2,900,000

308 Burro AVE, Cloudcroft, NM 88317-9

COMMERCIAL/INDUSTRIAL, Cloudcroft, NM

Property Size10,000 SF
Price / SF$290
Days on Market260

Property Features for 308 Burro AVE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description COMMERCIAL
Appliances CEILING FAN, DRYER CONN, ELEC, REFRIGERATOR, RANGE OVEN, GAS, WASHER CONN., WATER HTR, ELEC, WATER HTR, GAS
Subdivision CLOUDCROFT
Standard status Active
APN R035328
Size 10,000 SF

Utilities

Heating system Other (Heating)
Cooling system None (Cooling)

Building Details

Year built 1992
Building materials WOOD
Listing Agency: Gary Mack Real Estate
Listed By: SKIP PRIDEMORE · License #18353
Added: Dec 6, 2025 Changed: Aug 19 Last Checked: Aug 23 at 8:06PM
MLS# 171924

Copyright © 2026 Otero County Board of Realtors. 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.

This Cloudcroft storefront property contains 10,000 square feet arranged for retail activity, storage, and long-term lease space. The building includes four bathrooms and two kitchens, supporting its combination of commercial and leased areas. The sale includes the existing retail inventory, while two lease spaces are occupied and generate additional income. Constructed in 1992, the wood-frame property has electric and gas water heaters, range ovens, refrigerators, washer and dryer connections, and ceiling fans. Heating is listed as other, with no cooling system identified. The property is located at 308 Burro AVE in Cloudcroft, New Mexico.

Key Highlights

  • 10,000 square feet of retail, storage, and long‑term lease space
  • Two occupied lease spaces provide additional income
  • Sale includes existing retail inventory

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 88317-9, NM

1,953
Population
2,983
Households
0.7
Avg Household Size
55
Median Age
28%
College-Educated
98%
High-School Grad
272.6 sq mi
ZIP Area
7
Density / Sq Mi
$72,083
Median Household Income
$42,197
Median Earnings
$922
Median Rent
$206,000
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?
Storefront property - Retail property combines customer-facing space with storage and two occupied lease areas.
Where is this storefront property located?
The property is located at 308 Burro AVE Cloudcroft, NM.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 10,000 square feet of retail, storage, and long‑term lease space; Two occupied lease spaces provide additional income; Sale includes existing retail inventory
More about this property
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