1114 Central Ave Carrizozo, NM 88301
This exceptional commercial property, located at 1114 Central Avenue in Carrizozo, New Mexico, presents a unique investment opportunity. Priced at $179,000, this 3,100 square foot retail building sits on a 0.24-acre lot. The property is part of Lots 31 and 32, Block 3, McDonald Addition, and boasts a prime location directly on Highway 54, ensuring high visibility and significant daily traffic. As one of Carrizozo's oldest structures, this building offers ample space for a diverse range of businesses. Its substantial square footage provides flexibility for various commercial ventures, making it an ideal choice for entrepreneurs seeking a well-established location with strong potential for growth. The property's address is 1114 Central Avenue, Carrizozo, NM 88301, within Lincoln County. The building's age and location contribute to its historical significance within the community. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area with significant passing traffic. The property is zoned for commercial use. Serious inquiries are encouraged.
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
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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.