823 Santa Fe AveGrants, NM 87020

  • Commercial real estate
  • 2,206 SF
For Sale
$88,500 View listing

Property Details for 823 Santa Fe Ave

Lot size
0.20 AC
Property size (Sq ft)
2,206 SF
Property type
Commercial real estate
APN
2055061157512
APU
2055061157512

Description

This exceptional commercial property, situated at 823 Santa Fe Avenue in Grants, New Mexico, presents a unique investment opportunity. Boasting a prominent location directly on Route 66, this 2,206 square foot building offers high visibility and excellent accessibility. The property sits on a 0.2-acre lot, providing ample space for potential expansion or outdoor uses. Historically operated as a laundromat, the building's versatile layout and substantial square footage lend themselves to a wide range of commercial ventures. The interior is ready for customization to suit the needs of a new business. The property's prime location on a major thoroughfare ensures high traffic volume, providing significant exposure for any enterprise. This is an ideal opportunity for entrepreneurs seeking a well-positioned space to establish or expand their business within a thriving community. The asking price of $88,500 makes this a compelling investment prospect. Serious inquiries are encouraged to explore the full potential of this remarkable property. Don't miss this chance to capitalize on the vibrant energy of Route 66 and the growing Grants market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $334,770
    Hospitality
    $306,648
    Educational
    $255,127
    Medical
    $263,902
    Retail
    $396,865

Location Insight

City
Grants
County
Cibola
State
New Mexico
Latitude
35.1459
Longitude
-107.842
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
$778
$4,313
$16,013
$20,326
-
$12,940
$48,040
$60,980

FAQs

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