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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Duplicate Thoreau, NM 87323

4,516 SF 1.26 ac lot Built 1980
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1980
Total area 4,516 SF
Lot 1.26 ac (54,886 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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