216 Chuska St Aztec, NM 87410
This 1,200 square foot office building in Aztec, New Mexico, presents a unique investment opportunity. Located on a corner lot in the historic Aztec Townsite, just blocks from downtown, this property offers exceptional versatility. Currently configured as a two-office, one-bathroom space, it's zoned O-1 Office, allowing for single-family, multi-family, or institutional use. The interior boasts vaulted ceilings, wood accents, updated flooring, fresh paint, and built-in shelving and countertops. A functional open-concept kitchen/reception area features abundant cabinetry, a gas stove, retro-style refrigerator and microwave, and a spacious breakfast bar. One office includes a ceiling fan. The property benefits from recent updates including a resurfaced parking lot and a durable pro-panel roof. Mature trees shade the lot, which offers potential for a private fenced yard and, per the seller, access to irrigation. Conveniently located 45 minutes from Durango, CO, and 15 minutes from Farmington, NM, this property is ideal for a variety of uses, including short-term rentals, multi-family investment, or a stylish office space. Furnishings are negotiable. The asking price is $216,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.