Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    300 3Rd St Dexter, NM 88230

    For Sale
    $160,000

    Historic Office Building, $160,000, High Ceilings

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Dexter, New Mexico office building presents a unique investment opportunity at $160,000. Constructed in 1943, the property boasts a substantial 16,000 square foot lot and a charming brick and stucco exterior. A new roof was installed in 2020, ensuring long-term structural integrity. The interior layout is versatile and spacious, featuring a welcoming reception area, a small office, and a restroom upon entry. Beyond this, a vast open room with high ceilings provides ample space for various uses. A sizable pulpit area with a basin is located towards the rear. Multiple additional offices, storage rooms, and utility rooms offer excellent functionality. A recreational room complete with a kitchen adds to the property's appeal. A large basement provides extra storage or development potential. The building includes a total of five restrooms. This property's combination of historical charm, substantial space, and recent upgrades makes it an ideal investment for those seeking a versatile commercial space with significant upside. The property is located at 300 W 3rd Street, Dexter, NM 88230. Schedule a showing today to fully appreciate the potential of this remarkable building.

    Property Features for 300 3Rd St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1943

    HighLights

    • $160,000 asking price.
    • 1943‑built office building.
    • 16,000 sq ft lot.
    • Located at 300 W 3rd Street, Dexter, NM 88230.
    • Brick and stucco exterior, ample parking.
    • New roof installed in 2020.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Nail Salon Auto Repair Shop Auto Parts Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dexter
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.3743423
    Latitude
    33.1951475

    Nearby Comparable

    • $100,000
      6,403 SF

      Spacious Building with Potential

      Commercial building with large open room, offices, and basement.
      300 W 3Rd St, Dexter, NM 88230
      View Details
    • $1,113,795
      8,320 SF

      Retail Property on W 1st Street

      Net leased retail property with corporate guarantee and high visibility.
      302 1 St, Dexter, NM
      View Details
    • $35,000
      20.01 Acres

      Dexter, NM Land: 20 Acres

      Build Your Dream Home on 20 Acres
      2B Merlinda Rd, Dexter, NM 88230
      View Details
    • $35,000
      19.97 Acres

      Dexter, NM Land - 20 Acres

      Prime 20-acre homesite in Dexter, NM. Owner financing available.
      3B Merlinda Rd, Dexter, NM 88230
      View Details
    • $180,000
      60.00 Acres

      60 Acres Dexter, NM Land

      Prime 60-acre flatland, ideal for development.
      6639 Everett St, Dexter, NM 88230
      View Details

    Nearby Similar for Sale

    • $100,000
      6,403 SF

      Spacious Building with Potential

      Commercial building with large open room, offices, and basement.
      300 W 3Rd St, Dexter, NM 88230
      View Details
    • $1,113,795
      8,320 SF

      Retail Property on W 1st Street

      Net leased retail property with corporate guarantee and high visibility.
      302 1 St, Dexter, NM
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Historic Office Building, $160,000, High Ceilings
    Where is this office property / space located?
    The property is located at 300 3Rd St Dexter, NM.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: $160,000 asking price.; 1943-built office building.; 16,000 sq ft lot.
    Request Owner's contact information
    300 3Rd St Dexter, NM 88230
    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.
    300 3Rd St
    Dexter, NM 88230
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    300 3Rd St Dexter, NM 88230
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.