661 Paloma Blanca Dr Chaparral, NM 88081
- Commercial real estate
- 2.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 661 Paloma Blanca Dr
- Lot size
- 2.18 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property located at 661 PALOMA BLANCA Drive, Chaparral, New Mexico, presents a unique investment opportunity. Priced at $700,000, this offering encompasses a fully equipped business, ready for immediate operation and poised for significant returns. The property includes a substantial 2.18-acre lot, providing ample space for expansion or future development. Beyond the main commercial building, the property boasts a sizable residential component: a four-bedroom, two-and-a-half-bathroom house situated on the rear of the lot. This adds considerable value and versatility, potentially serving as owner's quarters, employee housing, or an additional revenue stream through rental. The presence of additional land both behind and to the side of the main structures further enhances the property's potential. This expansive lot offers significant flexibility for future growth and development, catering to a variety of business expansion plans or alternative uses. The existing business infrastructure, combined with the residential component and extensive land, makes this a truly remarkable opportunity for an astute investor seeking a high-return, multi-faceted investment in a desirable location. The property is ideally suited for an entrepreneur looking to acquire an established business with significant growth potential. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chaparral
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.3784
- Latitude
- 32.0262
