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    713 Spruce St Deming, NM 88030

    For Sale
    $335,000

    Prime Deming location, profitable business included.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity in Deming, New Mexico, presents a thriving commercial enterprise for sale. Located at the high-traffic intersection of S Granite and W Spruce Streets, the property encompasses 21,300 square feet of land and includes a main building housing a profitable mail forwarding service. The business caters to both local residents and travelers, offering mail collection, shipping, and package delivery services. Beyond the core business, the property boasts additional income streams. A duplex and mobile home rental units provide diversified revenue potential. Open spaces accessible from S Granite Street offer further development possibilities. The main building features a well-designed office area with two large storage rooms, a small kitchen, a bathroom, and a dedicated delivery area complete with interior and secure exterior mailboxes. Built in 1950, this property presents a unique blend of established business and diverse rental income, making it an attractive investment opportunity in a growing New Mexico market. The asking price is $335,000. The property is zoned for commercial use and is located at 713 W Spruce Street, Deming, NM 88030.

    Property Features for 713 Spruce St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1950

    HighLights

    • $335,000 asking price.
    • 21,300 square foot lot.
    • Land and office property in Deming, NM.
    • Built in 1950.
    • Includes existing mail forwarding business, duplex, and mobile home rentals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mail Forwarding Freight Forwarding Service New Beginnings Christian Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.7661424
    Latitude
    32.2670108

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Deming location, profitable business included.
    Where is this office property / space located?
    The property is located at 713 Spruce St Deming, NM.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: $335,000 asking price.; 21,300 square foot lot.; Land and office property in Deming, NM.
    Request Owner's contact information
    713 Spruce St Deming, NM 88030
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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
    713 Spruce St Deming, NM 88030
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