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    506 State Hwy 122 Milan, NM 87021-4306
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    Property profile & analytics

    506 State Hwy 122, Milan, NM 87021-4306

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    • Commercial real estate
    • 8,886 SF
    • 0.20 lot acres
    Off-Market
    Last Sale Sep 12, 2022
    Property ID
    US61-1261479
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $660,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 506 State Hwy 122

    Lot size
    0.20 lot acres
    Property type
    Commercial real estate
    APN
    2057063499241
    APU
    2057063499241

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 12, 2022 — Milan Dg LLC Milan Investment Partners LLC Intrafamily Transfer · related $909k · First Oklahoma Bank
    Feb 12, 2021 — Milan Investments Partners LLC Flagship Retail Investments LLC Warranty Deed $845k · Sandia Laboratory FCU
    Apr 26, 2011 — File Dg Milan LLC Richard E Mcneill Warranty Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Cibola
    State
    New Mexico
    Longitude
    -107.888
    Latitude
    35.1675
    CBSA code
    24380
    CBSA name
    GRANTS, NM MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,354
    $20,007
    $240,343
    $260,350
    -
    $60,020
    $721,029
    $781,049
    More about this property
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