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Road 2300 Aztec, NM 87410

OFF-MARKET Commercial real estate Google Maps
2 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.998-acre commercial and/or residential lot presents a unique investment opportunity in Aztec, New Mexico. Situated conveniently north of Aztec and south of the New Mexico/Colorado border, this property (Lot 4) offers unparalleled access to both states. The location is less than four miles from the Colorado state line, providing easy access to regional markets and transportation routes. The land is ideal for a variety of uses, including commercial or industrial development, or residential construction. This versatile parcel allows for the construction of stick-built homes, manufactured homes, or modular homes, making it suitable for diverse development plans. An adjacent parcel, Lot 3, is also available for purchase, providing the potential for expansion or a larger development project. The combined acreage of both lots offers significant potential for a substantial commercial or industrial enterprise, or a sizable residential community. This property is priced competitively at $59,000, representing a compelling value in a desirable location. The proximity to Colorado and the flexibility of permitted uses make this a truly exceptional opportunity for discerning investors and developers. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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