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Property profile & analytics
OFF-MARKET
Office Spaces

813 Highway 612 Thoreau, NM 87323

4.17 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 4.17-acre property, located at 813 Highway 612 in Thoreau, New Mexico, presents a unique investment opportunity. The existing office building, constructed in 1980, offers significant potential for redevelopment or continued use as an office space. Situated in McKinley County, with a zip code of 87323, the property boasts a prime location offering both convenience and a tranquil country setting. The asking price is $70,000, making it an attractive proposition for buyers seeking a versatile commercial property in a desirable area of New Mexico. The ample lot size provides considerable flexibility for future expansion or development, catering to a range of business needs or even residential conversion, subject to local zoning regulations. The property's existing structure provides a solid foundation for immediate occupancy or renovation, depending on the buyer's vision. Its location in Thoreau offers a blend of rural charm and accessibility, making it an ideal location for a variety of businesses or individuals seeking a unique property with significant upside potential. Further details regarding the building's interior specifications and zoning classifications are available upon request. This property is ready for its next chapter, offering a compelling opportunity for growth and investment.

Property profile
Verified
Property type Office Spaces
Year built 1980
Lot 4.17 ac (181,645 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
AI Approach AI
by Request
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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