Property profile

216 Chuska St Aztec, NM 87410

OFF-MARKET
Office Spaces
Property ID
US61-0387993
1,200 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Total area 1,200 SF
UPID US61-0387993

Cap rate & NOI

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

Location

216 Chuska St Aztec, NM 87410
Aztec metro
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Value estimations

Realmo proprietary · 4 methods
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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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