Technical
Financial
Distress signals
Property profile

106 S Main Ave Aztec, NM 87410

FOR SALE
Office Spaces
Property ID
US61-0499780
2,500 SF 0.08 ac lot Built 1942
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional $295,000 commercial land opportunity in Aztec, New Mexico, presents a unique investment prospect. Located at 106 S MAIN Avenue, in the desirable Original Townsite district, this 2,500 square foot lot offers significant potential for various commercial ventures. Its prime location on Main Avenue ensures high visibility and accessibility, benefiting from substantial foot traffic. The property's proximity to Durango, Colorado (a 45-minute drive) further enhances its appeal to a wider market. While the current listing focuses on the potential of a previously existing building, this sale is strictly for the land itself. The site's history and previous uses suggest a strong foundation for future development, making it an attractive option for entrepreneurs and investors seeking a foothold in the vibrant Aztec commercial landscape. The property's zoning and permitted uses should be independently verified. This is a rare chance to acquire a strategically located parcel in a growing community, offering substantial upside potential for the right buyer. The address is 106 S MAIN Avenue, Aztec, NM 87410.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1942
Total area 2,500 SF
Lot 0.08 ac (3,485 SF)
APN 2064178218088
UPID US61-0499780

Cap rate & NOI

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

Location

106 S Main Ave Aztec, NM 87410
Aztec metro Census 610 FARMINGTON, NM METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2017
2 recorded transactions
2018
Price N/A
2017
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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