Aztec NM Land
For Sale
Contact for pricing
116 LOTS ROAD 3180-3192, Aztec, NM 87410
Portfolio of 116 lots in Aztec, NM for sale.
Property SizeContact for details
Days on Market978
Property Features for 116 LOTS ROAD 3180-3192
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Century21 SoWesCo Realty
(505) 325-2100
Listed By:
David McBee · License #41884
Source:
Crexi
Added: Dec 28, 2023
Changed: Aug 31
Last Checked: Jul 17 at 8:52AM
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 Century21 SoWesCo Realty
Investment Insights
Based on property information with market context.
This commercial property, located in Aztec, NM, presents an investor alert. It comprises the Panorama Heights Subdivision, situated off Road 3100, south of Southside River Road (Old Aztec Highway). The subdivision includes approximately 116 lots, with sizes ranging from 0.75 acre to 0.99(+) acres. The lots are currently rented or available for rent at $250.00 per month. Tenants own the manufactured homes and recreational campers on each lot. All but one lot have utilities, including electricity, water, septic, propane, or natural gas. The vacancy rate is approximately 34%. The average price per lot is $38,793, a 22% reduction from the current sales prices. Additional financials and information are available upon request.
Key Highlights
- Established commercial property with 116 lots in Panorama Heights Subdivision.
- Significant rental income potential with all lots renting for $250/month.
- Substantial discount available:** Average price per lot is $38,793, a 22% reduction from current sales prices.
Property Analytics
Current Use
Location Intelligence
Demographics for 87410, NM
16,064
Population
6,402
Households
2.5
Avg Household Size
40
Median Age
17%
College-Educated
88%
High-School Grad
265.6 sq mi
ZIP Area
60
Density / Sq Mi
$51,283
Median Household Income
$31,436
Median Earnings
$802
Median Rent
$192,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Portfolio of 116 lots in Aztec, NM for sale.
Where is this commercial land located?
The property is located at 116 LOTS ROAD 3180-3192 Aztec, NM.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Established commercial property with 116 lots in Panorama Heights Subdivision.; Significant rental income potential with all lots renting for $250/month.; Substantial discount available:** Average price per lot is $38,793, a 22% reduction from current sales prices.
