16174 Us 550 Aztec, NM 87410-2880
This exceptional investment opportunity in Aztec, New Mexico, presents a unique blend of commercial and residential possibilities. Situated on a 2.56-acre lot with convenient highway frontage and no zoning restrictions, this property offers unparalleled flexibility. The land is 3вЃ„4 fenced and secured with two gates, enhancing privacy and security. The main structure is a substantial 4800 square foot insulated and heated auto shop, featuring four large bays, an office, and a half bathroom, ideal for a variety of commercial uses. Beyond the shop, the property includes a 2007 square foot doublewide mobile home with a three-bedroom, two-bathroom layout and an addition, plus a carport. A second, 1321 square foot site-built home offers two bedrooms and one bathroom. Finally, a 1028 square foot block and metal storage garage provides ample space for equipment or inventory. This property's diverse structures and expansive acreage allow for a multitude of uses, from establishing a thriving business with on-site living to generating rental income from the existing homes. The absence of zoning restrictions further amplifies the potential for creative development and adaptation to suit individual needs. This is a rare opportunity to acquire a substantial property with significant upside in a desirable location.
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
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.