Technical
Financial
Distress signals
Property profile

416 Santa Fe Ave Grants, NM 87020

OFF-MARKET
Commercial real estate
Property ID
US61-0992233
5,295 SF 0.12 ac lot
Individually Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,400 square foot commercial property, situated on a 0.32-acre lot at 416 E Santa Fe Avenue in Grants, New Mexico, presents a unique investment opportunity. The building boasts robust construction, featuring extra purlins and a reinforced concrete slab reinforced with rebar and fiber, ensuring durability and longevity. The interior is well-equipped with ample electrical power, including #12 wiring and both 120v and 220v outlets throughout the shop area. Convenience is further enhanced by the inclusion of washer/dryer hookups. Access is facilitated by a large 16-foot roll-up door, ideal for loading and unloading. The front section of the building is perfectly suited for retail or office space, offering excellent visibility and accessibility. A significant advantage is the presence of a separate building at the rear, providing additional space that could generate supplemental income as rental storage units or serve as extra storage for the main business. This property is zoned C-2 General Commercial, allowing for a wide range of uses. Its sturdy construction, versatile layout, and prime location make this an exceptional opportunity for a discerning business owner seeking a reliable and adaptable space to establish or expand their operations. The combination of retail/office space and the additional building offers significant potential for growth and profitability.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 5,295 SF
Lot 0.12 ac (5,295 SF)
APN 2055062261071
UPID US61-0992233

Cap rate & NOI

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

Location

416 Santa Fe Ave Grants, NM 87020-2441
Grants metro Census 974201 GRANTS, NM MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2008
1 recorded transaction
2008
Price N/A

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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