Technical
Financial
Distress signals
Property profile

1628 Silver Hts Blvd Silver City, NM 88061

OFF-MARKET
Office buildings
Property ID
US61-0400511
1,766 SF 0.25 ac lot Built 1958
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1628 Silver Heights Boulevard in Silver City, New Mexico, presents a unique investment opportunity. Situated on a substantial 10,454.4 square foot lot, this versatile building, constructed in 1958, boasts high visibility and high traffic due to its prime location on Highway 180. The property features a main building that has served as a successful real estate office since 1991, offering ample space for various commercial uses. The interior includes three conveniently located bathrooms, catering to diverse business needs. The property also includes a large parking lot and a separate storage building, providing additional convenience and functionality. Recent upgrades include fresh exterior paint and new carpeting installed in 2022. A lighted marquee offers excellent advertising potential. The adaptable layout allows for a single large office space accommodating up to ten desks, or it can be easily configured into three independent offices, each with its own private entrance and bathroom. A security system is included with the sale. City utilities are readily available. This property's combination of location, size, and recent improvements makes it an ideal investment for a variety of commercial ventures. The zip code is 88061.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Total area 1,766 SF
Lot 0.25 ac (10,803 SF)
APN 3-081-102-085-433
UPID US61-0400511

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

1628 Silver Hts Blvd Silver City, NM 88061-5644
Silver City metro Census 964401 SILVER CITY, NM MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

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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