Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    510 Anthony Dr Anthony, NM 88021

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $150,000

    Commercial lot on Anthony Dr with high traffic and visibility.

    Lot size:
    0.16 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    154
    Last Refresh:
    Jan 20 at 8:01 am

    Property Features for 510 Anthony Dr

    General Information

    Standard status
    Active
    Lot size
    0.16 Acres

    We can help!

    Listing Contact
    Kaley M Salopek

    Listing agent Kaley M Salopek License #NM 52319

    Listing office United Country Real Estate Salopek Realty

    Listing date Nov 27, 2025

    Source Exprealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of United Country Real Estate Salopek Realty

    Overview

    Commercial Lot in Anthony, NM

    This 0.16-acre commercial lot is located on Anthony Drive (Highway 460) in Anthony, New Mexico. The property is zoned CC-1, offering flexibility for various commercial uses. The location benefits from high traffic counts and excellent visibility, making it suitable for attracting customers and driving foot traffic. This lot presents an opportunity to establish or expand a business in a busy area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TNT Fireworks Discount Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anthony
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.606
    Latitude
    32.0044

    Nearby Similar for Sale

    • $500,000

      7.9 Acres Development Ready Land

      7.9 acres of development-ready land with main road access.
      190 Whispering Dove Road, Anthony, NM 88021
      View Details
    • $450,000

      Anthony, NM Multifamily Opportunity

      Three apartment buildings, a house, and ample space on 2.75 acres.
      370 E Ohara Road, Anthony, NM 88021
      View Details
    • $395,000

      Medical Office Condominium For Sale

      Medical office condominium for sale in Anthony, New Mexico.
      1275 Anthony Drive, Anthony, NM 88021
      View Details
    • $380,000

      Versatile 3-Acre Land Parcel

      3-acre property with improvements for farming or rural living.
      1405 Webb Road, Anthony, NM 88021
      View Details
    • $1,250,000

      Pecan Orchard with Casita

      15.38 acres with pecan orchard, main house, and casita.
      3025/3035 W O'Hara Road, Anthony, NM 88021
      View Details
    • $225,000

      Land with Water Rights

      3.43 acres in Anthony, NM, ideal for farming/building.
      2950 Bosque Road, Anthony, NM 88021
      View Details
    • $350,000

      Anthony, NM Land with Pecans

      1.72 acre homesite with airstrip access and pecan trees.
      15 Cielo Vista, Anthony, NM 88021
      View Details
    • $1,700,000

      20 Acres on Anthony Drive

      20-acre commercial land with frontage on Anthony Drive.
      2025 Anthony Drive, Anthony, NM 88021
      View Details
    • $288,000

      Level Land with Utilities

      Three-acre lot with utilities, suitable for residential development.
      1866 Highway 478, Anthony, NM 88021
      View Details
    • $288,000

      Three Acre Residential Land Parcel

      Three acre lot with utilities and irrigation rights.
      1866 Highway 478, Anthony, NM 88021
      View Details
    • $75,000

      Commercial Land in Anthony, NM

      Commercial land suitable for retail, office, or medical facility.
      1275 Anthony Drive unit: 1, Anthony, NM 88021
      View Details
    • $190,000

      Land with Pecan Trees, Barn

      4.47-acre property with pecan trees, barn, and utilities.
      29 Los Cocos Lane unit: Tract C, Anthony, NM 88021
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot on Anthony Dr with high traffic and visibility.
    Where is this commercial land located?
    The property is located at 510 Anthony Dr Anthony, NM.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Prime location on Anthony Dr (Highway 460) with high traffic counts and excellent visibility.; Zoned CC‑1, providing flexibility for a range of commercial uses.; Ideal setting for attracting customers and driving foot traffic.
    (575) 640-6551
    We can help!
    Listing Contact
    Kaley M Salopek
    Real Estate License ID: NM 52319
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!