2077 Old Us Hwy Edgewood, NM 87015
- Mixed-use properties
- 9,800 SF
- 4.00 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 2077 Old Us Hwy
- Lot size
- 4.00 lot acres
- Property size
- 9,800 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edgewood
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -106.139
- Latitude
- 35.04
