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Property profile & analytics
OFF-MARKET
Office buildings

1001 Pope St Silver City, NM 88061-5161

1,568 SF 0.7 ac lot Built 1930
Individually Owned 17-yr Hold Free & Clear
Property ID
US61-0450103
Property summary
AI-generated overview

This 1,568-square-foot commercial property, located at 1001 N Pope St in Silver City, New Mexico, presents a unique investment opportunity. Built in 1930 and renovated six years ago, this single-story building offers versatile space suitable for a variety of uses, having previously served as both a real estate office and a retail store. The property boasts a desirable downtown location, conveniently situated next to a medical facility and numerous restaurants and businesses, ensuring high visibility and foot traffic. The building includes ten parking spaces, a significant advantage in a busy urban setting. Security measures are already in place, providing peace of mind for occupants and their assets. The interior layout is well-designed, featuring a spacious front room ideal for a reception area, four private offices, two bathrooms, and a convenient kitchenette. The property is zoned for commercial use and offers a compelling combination of historical charm and modern functionality. The asking price is $250,000. This property is ready for immediate occupancy and presents a strong return on investment potential. The property's central location and versatile layout make it an attractive option for a wide range of businesses. With its existing security features and ample parking, this property offers a complete and ready-to-use commercial space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Total area 1,568 SF
Lot 0.7 ac (30,623 SF)
APN 3-081-103-216-120
UPID US61-0450103
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
Current use
Occupant on record · Public records
  • Hms/ Freeport Partnership Oil & Natural Gas Company
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
Edwin Garland · 17 yrs held
Edwin Garland
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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