Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Duplicate
- Year built
- 1980
- Lot size
- 1.26 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional mixed-use property in Thoreau, New Mexico presents a unique investment opportunity. The main building, totaling 4,516 square feet, sits on a 1.26-acre lot and boasts a rich history as a trading post and livestock sales facility. Its prime location on Highway 371 ensures high visibility and significant traffic. The property includes a large walk-in vault, ample storage, a kitchen area, and three bathrooms within the main building. Extensive outdoor facilities include five 20' x 20' covered stalls, two separate turnout pens/corrals, and a round pen, all enclosed by pipe fencing. A mostly-enclosed barn (approximately 24' x 40') complements the livestock accommodations. A second building, 640 square feet, is currently leased to a tire shop, generating additional income potential. The property is zoned for commercial or residential use, offering flexibility for future development. The asking price is $250,000, translating to $55.36 per square foot. The property is available for occupancy on June 29, 2024. Built in 1980, this property features two buildings on one story, offering a blend of established infrastructure and significant expansion potential. The property's APN is 2-075-079-428-520. This is an ideal opportunity for owner-users seeking a versatile space with established infrastructure and significant expansion potential in a high-traffic location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Thoreau
- County
- McKinley
- State
- New Mexico
- Longitude
- -108.208
- Latitude
- 35.4084
