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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1114 Central Ave Carrizozo, NM 88301

3,100 SF 0.24 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,100 SF
Lot 0.24 ac (10,454 SF)
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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