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Office Building with Covered Parking
For Sale
$500,000

712 S 1st Street, Tucumcari, NM 88401

CommercialSale, Tucumcari, NM

Property SizeContact for details
Lot Size0.49 Acres
Days on Market22

Property Features for 712 S 1st Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description C-1
Parking 10
Parking features Covered
Directions From E. Main Street and South 1st Street, head south on 1st St., and 712 1st St. will be on the east side of the street.
Subdivision 560 - Quay
Standard status Active
APN 117906412502500
Lot size 0.49 Acres

Taxes and HOA fees

Tax Annual Amount 5215

Utilities

Heating system Natural Gas
Cooling system Multi Units

Amenities

covered front walkway
multiple exterior entrances
HVAC

Building Details

Floors in Building 1
Flooring type Carpet
Building materials Brick, Block
Listing Agency: Keller Williams Realty
Listed By: Anne M Vallejos · License #41997
Added: Sep 16 Changed: Oct 6 Last Checked: Oct 7 at 12:06AM
MLS# 1112094

Copyright © 2026 Southwest 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.

This single-story brick office property in Tucumcari contains private offices, larger open areas, storage, and multiple restrooms. The suite mix includes both occupied and vacant space. Hallways have been refreshed, and one suite has been renovated. Multiple exterior entrances serve the building, with a covered walkway at the front and covered parking at the rear.

The 0.49-acre property is equipped with four Rheem air-conditioning units and four high-efficiency furnaces, installed approximately four years ago.

Key Highlights

  • Single‑story brick office building on 0.49 acres
  • Occupied and vacant suites, with private offices, open rooms, storage, and multiple restrooms
  • Hallways refreshed and one suite renovated

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon HVAC Service Law Firm Spa & Massage 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby

Demographics for 88401, NM

6,813
Population
3,759
Households
1.8
Avg Household Size
45
Median Age
21%
College-Educated
86%
High-School Grad
970.3 sq mi
ZIP Area
7
Density / Sq Mi
$46,773
Median Household Income
$35,303
Median Earnings
$753
Median Rent
$65,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - A mix of occupied and vacant suites offers flexibility for workspace or rental use.
Where is this office building located?
The property is located at 712 S 1st Street Tucumcari, NM.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Single‑story brick office building on 0.49 acres; Occupied and vacant suites, with private offices, open rooms, storage, and multiple restrooms; Hallways refreshed and one suite renovated
More about this property
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