2077 Old Us Hwy Edgewood, NM 87015
This exceptional 9,800 square foot mixed-use property in Edgewood, NM, presents a unique investment opportunity. Situated on four acres along historic Route 66, the property boasts a spacious barndominium featuring two potential living quarters, combined with a large shop area perfect for various commercial ventures. The property's versatility is further enhanced by two existing rental units (one single-wide and one double-wide mobile home), generating a combined monthly income of $2,000. A substantial rainwater collection system with a 70,000-gallon capacity provides ample water resources. Five additional storage buildings (each 8ft x 16ft) and a 5ft x 5ft backup power building offer extensive storage solutions. Recent renovations include a modernized kitchen and office, along with refrigerated air conditioning for comfort. The shop is equipped with energy-efficient infrared radiant tube heaters. Security features include a controlled electric gate access and a comprehensive 14-camera security system. This property offers a blend of residential and commercial potential, making it an attractive investment with significant income-generating capabilities. Priced at $700,000.
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
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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.