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Property profile & analytics
OFF-MARKET
Commercial real estate

101 Argyle St Hagerman, NM 88232

Built 1950
Property ID
US61-0392172
Property summary
AI-generated overview

This exceptional investment opportunity presents a 14,810.4 square foot lot located at 101 E. Argyle Street in Hagerman, New Mexico, zip code 88232. The property, built in 1950, is classified as Special Purpose land with commercial zoning. Previously utilized as a grocery store, the site offers significant potential for redevelopment or repurposing. The asking price is $170,000. The property's substantial size and its history as a vital community resource make it an attractive proposition for entrepreneurs seeking to revitalize a local business. Its central location in Hagerman offers easy access to the town's residents and surrounding areas. This is a unique chance to contribute to the economic growth of Hagerman while securing a potentially lucrative investment. The property's past use as a grocery store suggests a strong foundation for a similar venture, or it could be adapted to suit a variety of commercial needs. Serious inquiries are encouraged to explore the possibilities this property offers. Further details are available upon request.

Property profile
Verified
Property type Commercial real estate
Year built 1950
UPID US61-0392172
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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