6374 Us-550 Cuba, NM 87013
This 2,550 square foot retail property, located at 6374 US-550 in Cuba, New Mexico, presents a unique redevelopment opportunity. Previously a gas station, the underground tanks have been removed, opening the door for a variety of commercial uses. Situated on a 0.56-acre lot in a C-2 Community Commercial Zone, this property boasts high visibility on a busy highway with an estimated 15,000 vehicles passing daily. The asking price is $350,000 ($137.30/sq ft). Built in 1985, the property includes 8 parking spaces. Its prime location and ample space make it ideal for retail, automotive services, or new construction. A virtual tour is available. This is a fantastic investment opportunity for owner-users seeking a high-traffic location in Sandoval County, NM (zip code 87013). Rent and real estate contract options may be available. The property's Class is C.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.