1400 Wheeler Ave Texico, NM 88135
This exceptional commercial property in Texico, NM, presents a significant investment opportunity. Located on US Highways 60, 70, and 84, the property boasts an impressive 429 feet of highway frontage, ensuring high visibility and substantial traffic exposure. The 3,069 square foot building is complemented by a well-maintained asphalt and concrete parking lot, providing ample space for customers and employees. The 1.8-acre lot offers significant potential for expansion or future development. All essential utilities are readily available, including the benefit of three-phase power, making this property ideally suited for a wide range of commercial ventures. The strategic location, combined with the substantial building size and ample parking, makes this a rare and attractive opportunity for businesses seeking a prominent presence in a high-traffic area. The property's excellent accessibility and infrastructure make it a compelling choice for entrepreneurs and investors alike. This turnkey property is ready for immediate occupancy and offers a solid foundation for future growth and profitability. The asking price includes the building and land. Don't miss this chance to secure a prime commercial location in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.