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Commercial Land with Restaurant
For Sale
$499,000

4130 US 64, Kirtland, NM 87417

Commercial Sale, Kirtland, NM

Property Size3,044 SF
Lot Size3.05 Acres
Price / SF$163.93
Days on Market249

Property Features for 4130 US 64

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Central Business, General Commercial, Single-Fam MH
Directions West on US 64 from Farmington, property is on the north side of the Hwy, approximately 1/2 mile west of the light.
Subdivision Kirt/Fruit N 64
Standard status Active
Size 3,044 SF
Lot size 3.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description E1/2SE/NE/NW OF SEC 12 29 15, THENCE S0-15W 458.41 LYING NORTH OF HWY, N71-01W 348.63, S89-17E 329.75 TO PT OF BEG. BK
Tax Annual Amount 4884
Legal Description E1/2SE/NE/NW OF SEC 12 29 15, THENCE S0-15W 458.41 LYING NORTH OF HWY, N71-01W 348.63, S89-17E 329.75 TO PT OF BEG. BK

Utilities

Heating system Natural Gas
Cooling system Evaporative Cooling

Building Details

Floors in Building 1
Roof type Flat
Listing Agency: Real Estate PROS
Listed By: Scott Hawkes · License #53887
Added: Feb 23 Changed: Oct 19 Last Checked: Oct 30 at 7:06AM
MLS# 26-213

Copyright © 2026 San Juan 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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3.05-acre commercial property in Kirtland includes a restaurant and a 14-by-60-foot manufactured home. The restaurant has a long-term tenant, and the site also has city water and sewer available.

The property fronts US Highway 64 at 4130 US 64. Its existing improvements occupy part of the parcel, with additional land remaining on site.

Key Highlights

  • 3.05 acres along US Highway 64
  • Restaurant with a long‑term tenant
  • 14x60 manufactured home

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,574
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,480 $631.5K
Cap Rate 7%
$451,057 $451.1K
Cap Rate 9%
$350,822 $350.8K
Market Conditions
NOI Build-Up for 3,044 SF
Gross rent
$44.9K $14.76/SF
− Vacancy
−$2.8K −$0.93/SF
EGI
$42.1K $13.83/SF
− OpEx
−$10.5K −$3.46/SF
NOI
$31.6K $10.37/SF
Area
San Juan County, NM
Vacancy
6.30%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,480
Cap Rate 7%
$451,057
Cap Rate 9%
$350,822

Alternative Uses

Best Use
Specialty Retail
$451.1K
$394.7K – $526.2K (±1% cap)
NOI $31,574 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$629.7K
$551.0K – $734.7K (±1% cap)
NOI $44,080 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Butcher Kitchen & Bath Showroom 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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
15,400 visits/mo 0.4 miles
Speedway Shops & Services
10,881 visits/mo 0.3 miles
Family Dollar Shops & Services
9,226 visits/mo 0.4 miles
Dollar General Shops & Services
7,044 visits/mo 0.4 miles
AutoZone Shops & Services
5,838 visits/mo 0.4 miles

Demographics for 87417, NM

5,838
Population
1,961
Households
3
Avg Household Size
35
Median Age
11%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
526
Density / Sq Mi
$65,396
Median Household Income
$35,246
Median Earnings
$799
Median Rent
$180,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Commercial land - The site includes a restaurant, a manufactured home, and access to city water and sewer.
Where is this commercial land located?
The property is located at 4130 US 64 Kirtland, NM.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3.05 acres along US Highway 64; Restaurant with a long‑term tenant; 14x60 manufactured home
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