Property profile

301 N Bullard St Silver City, NM 88061

FOR SALE
Office buildings
Property ID
US61-0478537
3,693 SF 0.09 ac lot Built 1930
Entity Owned Absentee Owner Free & Clear
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For Sale
Contact for pricing 3,693 SF
301 N Bullard St, Silver City, NM 88061
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Property summary

AI-generated overview

This exceptional retail property at 301 Bullard Street in Silver City, New Mexico, presents a rare investment opportunity. Built in 1884, this stunning brick building offers a unique blend of historical charm and modern potential. Situated on a desirable corner lot spanning 1,742.4 square feet, the property benefits from high visibility and excellent foot traffic in the heart of downtown Silver City. The building's historical character is undeniable, offering a captivating aesthetic that would appeal to a wide range of businesses. The asking price is $275,000, representing a compelling value for a property of this caliber in such a sought-after location. Its prime position within the vibrant downtown area ensures strong potential for rental income or owner-occupancy. The property's size and layout provide ample space for a variety of retail uses, making it an ideal investment for entrepreneurs seeking a distinctive and well-positioned commercial space. The 88061 zip code further underscores the property's location within a thriving commercial district. This is a chance to acquire a piece of Silver City's history and capitalize on its continued growth and appeal. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Total area 3,693 SF
Lot 0.09 ac (3,746 SF)
APN 3-081-103-208-316
UPID US61-0478537

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
  • Tattoo & Piercing Shop

Location

301 N Bullard St Silver City, NM 88061
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
$265k

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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