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    OFF-MARKET
    Commercial real estate

    664 Frontage Rd, Algodones, NM 87001

    4,000 SF 2.32 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,000 square foot warehouse, previously an art gallery, sits on a spacious 2.32-acre lot in Algodones, New Mexico. The property boasts a sizable office area within the warehouse itself, offering flexibility for various business needs. Its zoning allows for a wide range of commercial and residential uses, including but not limited to: RV park, RV sales, storage facility, trucking yard, retail sales and service, or continued use as office and warehouse space. The significant lot size presents ample opportunities for expansion or development. A key advantage is the inclusion of a large outdoor sign currently leased to Lamar Advertising. One side of this sign is reserved for the property owner's advertising, with Lamar providing installation services. This presents a valuable marketing opportunity for any new business. The property's plat map, Tract A2, clearly delineates its boundaries. Attractive owner financing options are available, making this a compelling investment opportunity. The property's diverse zoning and ample space make it an ideal location for entrepreneurs seeking a versatile commercial property in a growing area. The existing infrastructure and the included advertising sign further enhance its appeal and potential return on investment. Serious inquiries are encouraged to explore the possibilities of this unique property.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 4,000 SF
    Lot 2.32 ac (101,059 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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