Property profile

Xx Nm 173 Aztec, NM 87410

OFF-MARKET
Commercial real estate
3,837 SF 2 ac lot
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Property summary

AI-generated overview

This exceptional commercial property in Aztec, NM, presents a unique opportunity to acquire a thriving, legally permitted business. The property boasts a substantial 4,641 square foot main building, constructed of red-iron metal, featuring shop and office space. An attached 804 square foot extension adds to the considerable workspace. Two separate temperature-controlled greenhouses provide 5,124 square feet of growing space (2,064 sq ft and 3,060 sq ft). Additional storage is abundant with a 900 square foot open-air building and a 1,600 square foot enclosed storage/shop building. A 3-bedroom, 1-bathroom mobile home is also situated on the property. The 2-acre lot is fully fenced and secured, benefiting from city water with dual meters and a septic system. The property includes 500-amp service and four propane tanks (two 250-gallon leased tanks, one 500-gallon owned tank, and one 1,000-gallon owned tank). The existing business includes established 1099 contractors, and the current owner will assist with the transition. This turnkey operation offers significant potential for growth and expansion. All growing equipment is included and dialed in with timers, lights, and internal controls. Thousands have been invested in proprietary strains and curing processes. This is a rare opportunity to acquire a fully operational and profitable business with significant existing infrastructure.

Property profile

Verified
Property type Commercial real estate
Total area 3,837 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Location

Xx Nm 173 Aztec, NM 87410
Aztec metro
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Value estimations

Realmo proprietary · 4 methods
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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
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