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Property profile & analytics
OFF-MARKET
Commercial real estate

1400 Wheeler Ave Texico, NM 88135

3,069 SF Built 1992
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1992
Total area 3,069 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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