1300 Santa Fe Ave, Grants, NM 87020-3523
This exceptional 34,848 square foot commercial lot is ideally situated at 1300 W Santa Fe Avenue in Grants, New Mexico, zip code 87020. Located in a revitalized section of the city's main street, this property presents a wealth of development opportunities. Its strategic location offers convenient access from both directions of Santa Fe Avenue, enhanced by two off-street entrances. The expansive lot size provides ample space for a variety of commercial ventures. Adding to its versatility, the property partially abuts Peel Street at the rear. The zoning designation is C-2, General Commercial, allowing for a broad range of permitted uses. This prime location, combined with the generous lot size and convenient access, makes this an exceptional investment opportunity in a growing area. The asking price for this remarkable property is $39,995. This is a rare chance to acquire a significant commercial parcel in a revitalized part of Grants, New Mexico. Don't miss this chance to capitalize on the potential of this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.