0 Joseph Ave Estancia, NM 87016
This exceptional commercial property, situated on a spacious 2.552-acre lot in Estancia, New Mexico, presents a compelling investment opportunity. Ideally located in Torrance County, this property boasts convenient access to major transportation routes, including Highway 41, the I-40 corridor, and US Highway 60. Approximately an hour's drive from both Albuquerque and Santa Fe, this location offers unparalleled accessibility. The property includes two substantial buildings. The first, a 2500 square foot structure, previously housed bean/grain cleaning equipment, complete with two grain storage bins and a 12x12 roll-up door. The second building, significantly larger at approximately 8400 square feet, features multiple office spaces, smaller storage rooms, a scale room with a truck scale, a large storage area, and a dedicated loading/unloading zone. This building also offers convenient access with one 20x14 roll-up door and two 9x9 roll-up doors. This unique property is priced at $450,000 and offers significant potential for a variety of commercial uses. Its strategic location and substantial building footprint make it an attractive option for businesses seeking a well-established base of operations in central New Mexico. Don't miss this rare opportunity to acquire a versatile and strategically located commercial 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.