Property summary
This exceptional investment opportunity presents a fully occupied 12-unit retail shopping plaza in Silver City, New Mexico. Located at the high-traffic intersection of Hwy 180 and Hwy 90, this property boasts unparalleled visibility and consistent demand. Built in 1950, the Pinon Plaza sits on a substantial 42,383 square foot lot and offers a diverse portfolio of tenants, generating a robust and immediate income stream. The asking price is $721,000, representing a compelling 9.5% capitalization rate, indicating significant growth potential. Impeccably maintained, this property offers a secure investment with a proven track record of success. The strategic location and high visibility ensure sustained tenant occupancy and a steady flow of customers. This is an ideal opportunity for investors seeking a strong return on investment in a thriving New Mexico market. The property's address is 1617 Silver Heights Boulevard, Silver City, NM 88061, Grant County. This fully occupied retail center presents a rare chance to acquire a stable, high-performing asset with substantial upside potential.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store Pet Store & Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight