712 Terrace Dr, Grants, NM 87020
This exceptional 0.22-acre commercial land parcel, located at 712 Terrace Grants, Grants, NM 87020, presents a remarkable opportunity for investors and developers. Situated in Cibola County, this property boasts a highly desirable location within the vibrant city of Grants, New Mexico. The asking price is an attractive $25,000, making it an exceptionally accessible entry point into the New Mexico commercial real estate market. The property's precise coordinates are 35.14726 latitude and -107.8514466 longitude, allowing for easy identification and site analysis. Given its classification as commercial land, this lot offers a wide range of potential uses, subject to local zoning regulations. The property is currently listed for sale and represents a blank canvas for a variety of commercial ventures. Prospective buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses to ensure alignment with their business plans. This is a rare opportunity to acquire a well-positioned commercial lot in a growing New Mexico community at an exceptionally competitive price. Don't miss out on this chance to secure a valuable asset in a dynamic market. Contact us today to learn more and schedule a site visit.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.