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    Property profile & analytics

    2 Off Hwy Costilla, NM 87524

    • Commercial real estate
    • 2,530 SF
    • 0.47 lot acres
    For Sale
    View listing
    $1,259,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2 Off Hwy

    Year built
    1976
    Lot size
    0.47 lot acres
    Property size
    2,530 SF
    Property type
    Commercial real estate

    Description

    This exceptional Costilla, NM business boasts a prime location at the corner of Highway 522 and NM-196, serving as a vital community hub and attracting numerous tourists. The 2,530 sq ft property sits on a 0.47-acre lot and includes a fully operational gas station with four new fuel dispensers featuring tap payment, an air compressor, and LED signage. A recently obtained grant will soon add an electric car charging station. The well-maintained building, renovated in 2022, features a fully commercial-rated kitchen, ample storage, including refrigeration and freezer units, and a secure back office. The store offers a diverse range of products, including groceries, snacks, home goods, mechanic supplies, lottery tickets, and nicotine products. The business also includes a profitable ATM. The forced air heating and cooling system ensures year-round comfort. This turnkey operation presents a unique opportunity to own a thriving, established business in a stunning, high-traffic location. The asking price is $1,259,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Costilla
    County
    Taos
    State
    New Mexico
    Longitude
    -105.532
    Latitude
    36.9786

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    2 Off Hwy
    Costilla, NM 87524
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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