1600 32nd St Silver City, NM 88061-7287
Property profile & analytics
1600 32nd St Silver City, NM 88061-7287
- Office buildings
- 11,282 SF
- 1.36 lot acres
Property ID
US61-0512791
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Colicia M. Meyerowitz, MD / Physician
- Dr. Alison K. Gomez, MD / Physician
- Dr. John A. Flores, MD / Physician
- Bell John O MD / Physician
- MUSKULA P. KUMAR, MD / Physician
Property Details for 1600 32nd St
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 1.36 lot acres
- Property size
- 11,282 SF
- Property type
- Office buildings
- APN
- 3-080-101-150-515
- APU
- 3080101150515
Description
Exceptional investment opportunity in Silver City, New Mexico's medical district. This property, situated at the corner of Highway 15 and 32nd Street, is a well-established medical clinic/urgent care center serving Silver City and the surrounding communities. Built in 1985, the main building boasts over 25 rooms and 9 bathrooms, providing ample space for various medical uses. The property includes extensive parking with 12 covered spaces, 35 open spaces, and ADA-designated parking. A significant advantage is the 95 kW photovoltaic inter-tie grid solar system installed in 2017, contributing to energy efficiency and cost savings. In addition to the main building, there's a 2,000 square foot auxiliary building currently used as an IT/training/meeting facility, and a separate 1,200 square foot metal storage unit. The property benefits from a triple net lease with the current tenant, expiring December 31, 2033. The tenant is responsible for all taxes, insurance, and non-structural repairs. The net operating income (NOI) for 2024 is projected at $307,920, with a 2.5% annual rent escalation clause, leading to a projected NOI of $384,550 by 2033. This property presents a strong and stable income stream with significant long-term growth potential. Asking price is $4,105,600.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,345,000 Current use
- AUTO REPAIR, GARAGE
- $1,450,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Silver City
- County
- Grant
- State
- New Mexico
- Longitude
- -108.257
- Latitude
- 32.7944
- CBSA code
- 43500
- CBSA name
- SILVER CITY, NM MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,364
$22,717
$366,117
$388,834
-
$68,150
$1,098,350
$1,166,500
