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820 Bullard St Silver City, NM 88061

OFF-MARKET Retail properties & Spaces Google Maps
9,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial investment opportunity presents a prime storefront in the heart of historic Silver City, New Mexico. Located at 820 N Bullard St, 88061, this property boasts a highly visible corner location within a thriving retail district, benefiting from heavy pedestrian traffic, particularly on weekends. The space offers 9,000 to 11,000 square feet of versatile retail space, ideal for a variety of businesses. Its strategic position in the historic district, adjacent to popular bike shops, restaurants, and art galleries, ensures high visibility and accessibility. While parking is limited in the immediate area, the mixed-use nature of the surrounding buildings caters to a diverse clientele. The property features a mix of established, long-term retail tenants, providing a stable income stream. Importantly, there are at least two vacant spaces available, presenting an excellent opportunity for owner-occupancy or leasing to additional tenants. This landmark property in a popular western tourism and gallery destination represents a compelling investment opportunity in a vibrant and growing community. The asking price is $425,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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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