105 Bridges Ave Tatum, NM 88267
- Land
Current Use by Public Records
- Land
Property Details for 105 Bridges Ave
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tatum
- County
- Lea
- State
- New Mexico
- Longitude
- -103.315
- Latitude
- 33.2566
