30 Us 380 Hwy Tatum, NM 88267
- Retail properties
- 5.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 30 Us 380 Hwy
- Year built
- 1982
- Lot size
- 5.00 lot acres
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a thriving restaurant situated on a sizable 5-acre lot in Tatum, New Mexico. The property, located at 30 W US 380 Highway, boasts significant road frontage, ideal for attracting customers. Built in 1982, the restaurant building offers established infrastructure ready for immediate use or potential renovation to suit a new owner's vision. The expansive 5-acre lot provides ample space for expansion, additional development, or complementary business ventures. The current setup includes an operational restaurant and an existing RV park, presenting a unique dual-income potential. This property is perfectly positioned for an entrepreneur seeking a turnkey operation or a savvy investor looking to capitalize on the existing infrastructure and significant land area. The asking price is $125,000, representing a compelling entry point into the New Mexico commercial real estate market. The property's location in Tatum, New Mexico, zip code 88267, offers easy access to US Highway 380, ensuring high visibility and convenient access for customers. This is a rare chance to acquire a well-established business with significant growth potential. Serious inquiries are encouraged to explore this exciting opportunity further. The property is zoned for commercial use.
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
- -103.405
- Latitude
- 33.3777
