Property profile

105 Bridges Ave Tatum, NM 88267

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional .78-acre commercial land parcel, totaling 33,976.8 square feet, presents a unique investment opportunity in Tatum, New Mexico. Located at 105 S Bridges Avenue, this street front corner property boasts a highly desirable location, ideal for a variety of commercial or residential developments. The property's strategic position at the intersection of West Broadway and South Bridges Avenue, extending towards South Anderson Avenue, ensures high visibility and accessibility. Currently, the site includes a tin building, formerly used as a workshop for farm equipment and vehicles. This existing structure sits on a concrete slab and features electricity, city water, and sewer connections. While the construction date of the tin building is unknown, it offers potential for repurposing or removal to accommodate new construction. The remaining undeveloped lots offer further development possibilities. Prospective buyers are encouraged to independently verify utility access with the city and local utility companies for the undeveloped portions of the property. The property is conveniently located just two blocks from the intersection of Broadway and Main Street in Tatum, NM, zip code 88267. This property is priced at $450,000.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

105 Bridges Ave Tatum, NM 88267
Tatum metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 105 Bridges Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message