664 Frontage Rd, Algodones, NM 87001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.