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    OFF-MARKET
    Commercial real estate

    712 Terrace Dr, Grants, NM 87020

    Individually Owned
    Property ID
    US61-0986422
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US61-0986422
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap 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
    Gabriel K Gallegos
    Gabriel K Gallegos
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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