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    712 Terrace Dr Grants, NM 87020

    Sponsored
    For Sale
    Contact for pricing

    Affordable Commercial Lot - Excellent Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.22-acre commercial land parcel, located at 712 Terrace Grants, Grants, NM 87020, presents a remarkable opportunity for investors and developers. Situated in Cibola County, this property boasts a highly desirable location within the vibrant city of Grants, New Mexico. The asking price is an attractive $25,000, making it an exceptionally accessible entry point into the New Mexico commercial real estate market. The property's precise coordinates are 35.14726 latitude and -107.8514466 longitude, allowing for easy identification and site analysis. Given its classification as commercial land, this lot offers a wide range of potential uses, subject to local zoning regulations. The property is currently listed for sale and represents a blank canvas for a variety of commercial ventures. Prospective buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses to ensure alignment with their business plans. This is a rare opportunity to acquire a well-positioned commercial lot in a growing New Mexico community at an exceptionally competitive price. Don't miss out on this chance to secure a valuable asset in a dynamic market. Contact us today to learn more and schedule a site visit.

    Property Features for 712 Terrace Dr

    General Information

    Property type
    Land

    HighLights

    • 0.22‑acre commercial lot in Grants, NM, listed at $25,000.
    • Located at 712 Terrace Grants, Grants, NM 87020 (35.14726, -107.8514466).
    • Zoned commercial; use subject to local regulations.
    • Excellent investment opportunity in a growing New Mexico market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grants
    County
    Cibola
    State
    New Mexico
    Longitude
    -107.8514466
    Latitude
    35.14726

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    FAQs

    What type of property is this?
    Land - Affordable Commercial Lot - Excellent Investment
    Where is this land located?
    The property is located at 712 Terrace Dr Grants, NM.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: 0.22-acre commercial lot in Grants, NM, listed at $25,000.; Located at 712 Terrace Grants, Grants, NM 87020 (35.14726, -107.8514466).; Zoned commercial; use subject to local regulations.
    Request Owner's contact information
    712 Terrace Dr Grants, NM 87020
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    Grants, NM 87020
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    Realmo Value Estimation

    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.

    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.

    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
    712 Terrace Dr Grants, NM 87020
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