You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

503 Higuera Ave Tularosa, NM 88352

OFF-MARKET Specialty properties Google Maps
1,296 SF 0.81 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US61-0531141

Property summary

AI-generated overview

This exceptional commercial property, located at 503 Higuera Ave. in Tularosa, New Mexico, presents a unique investment opportunity. Situated on a sizable 0.806-acre lot, the 1,296 square foot building offers significant potential for a variety of uses. Previously utilized as a church, the main floor features a spacious sanctuary complete with blue fabric/wood pews and a piano, all of which remain with the property. The lower level includes several rooms ideal for classrooms or other activity spaces. A separate storage building is also included on the property. A manufactured home was previously located on a portion of the lot, but has since been removed. The property is conveniently located just one block from the main thoroughfare in Tularosa, offering excellent visibility and accessibility. Ample parking is available on-site. The asking price for this versatile property is $110,000, making it an attractive proposition for entrepreneurs and investors seeking a unique commercial space in a desirable location. The property's zoning and permitted uses should be verified independently. The zip code is 88352, and the property is in Otero County.

Property profile

Verified
Property type Specialty properties
Total area 1,296 SF
Lot 0.81 ac (35,109 SF)
UPID US61-0531141

Cap rate & NOI

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

Value estimations

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 503 Higuera Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message