Property profile

300 3Rd St Dexter, NM 88230

OFF-MARKET
Office Spaces
Built 1943
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Property summary

AI-generated overview

This exceptional Dexter, New Mexico office building presents a unique investment opportunity at $160,000. Constructed in 1943, the property boasts a substantial 16,000 square foot lot and a charming brick and stucco exterior. A new roof was installed in 2020, ensuring long-term structural integrity. The interior layout is versatile and spacious, featuring a welcoming reception area, a small office, and a restroom upon entry. Beyond this, a vast open room with high ceilings provides ample space for various uses. A sizable pulpit area with a basin is located towards the rear. Multiple additional offices, storage rooms, and utility rooms offer excellent functionality. A recreational room complete with a kitchen adds to the property's appeal. A large basement provides extra storage or development potential. The building includes a total of five restrooms. This property's combination of historical charm, substantial space, and recent upgrades makes it an ideal investment for those seeking a versatile commercial space with significant upside. The property is located at 300 W 3rd Street, Dexter, NM 88230. Schedule a showing today to fully appreciate the potential of this remarkable building.

Property profile

Verified
Property type Office Spaces
Year built 1943

Cap rate & NOI

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

Location

300 3Rd St Dexter, NM 88230
Dexter 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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