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Property profile & analytics
OFF-MARKET
Land

411 6 St Springer, NM 87747

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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