101 Pennsylvania Ave Acme, NM 88201
This exceptional retail investment opportunity in Acme, New Mexico, comprises two buildings located at 101 N Pennsylvania Ave, zip code 88201, situated on a 9,353 square foot lot. Building 101, constructed in 1970 and boasting recent upgrades, offers approximately 1,025 square feet of space. Features include three large rooms, two half-bathrooms (each with a toilet and sink), and three exterior doors, two of which provide convenient street access. Significant improvements include a new HVAC system (2022), upgraded wiring (2023), and a roof upgrade completed in 2018. Building 103, completely renovated in 2021, provides approximately 1,419 square feet of space. This building showcases a new metal roof, raised ceilings with wood paneling, fresh paint, new ceramic tile flooring (except in a small office area), and two updated half-bathrooms (each with a toilet and sink). Both buildings offer a total of four half-bathrooms. The asking price for this combined property is $275,000. This property presents a rare chance to acquire established retail space in a desirable location, benefiting from recent renovations and modern amenities. The property's size and layout offer flexibility for a variety of retail uses. The strategic location in Acme, New Mexico, provides excellent visibility and accessibility.
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Romo Villegas Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.