411 6 St Springer, NM 87747
Prime commercial land opportunity in Springer, New Mexico. This 4,800 square foot lot, located at 411 6th Street, Colfax County, zip code 87747, presents a unique investment prospect. The property is zoned for commercial use and offers significant potential for development. Its location in Springer provides access to local amenities and infrastructure. The asking price is $50,000. This represents a compelling entry point into the New Mexico commercial real estate market. The property's size and location make it suitable for a variety of commercial ventures. Buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their specific needs and plans. The property is ready for immediate development, offering a blank canvas for creative commercial endeavors. This is a rare opportunity to acquire a sizable commercial lot in a desirable location at an attractive price. Act quickly to secure this promising investment.
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
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.