1313 Santa Fe AveGrants, NM 87020
- Other commercial real estate
- 5.41 AC
Property Details for 1313 Santa Fe Ave
- Lot size
- 5.41 AC
- Property type
- Other commercial real estate
- APN
- 2054061355270
- APU
- 2054061355270
Description
This exceptional commercial property, located at 1313 Santa Fe Avenue in Grants, New Mexico, presents a unique investment opportunity. The 24,000 square-foot building sits on approximately 5 acres of commercially zoned land, offering significant potential for a variety of uses. Built in 1978, the vacant property boasts excellent visibility from East Santa Fe Avenue, due to its prime downtown location just off the I-40 interchange. This high-traffic area ensures maximum exposure for any business. All utilities are available. The property's layout is particularly well-suited for an automobile dealership, retail establishment, or new commercial development. Its open design and adaptable space allow for flexible configurations to meet diverse business needs. The surrounding area offers a vibrant mix of businesses, retail outlets, and dining establishments, creating a synergistic environment that enhances the property's appeal. Easy access to I-40 and the Grants Retail Hub ensures convenient access for both local customers and tourists. This property offers a compelling combination of location, size, and versatility, making it an ideal investment for entrepreneurs seeking a thriving business environment in a prime New Mexico location. The asking price is $1,220,000. The zip code is 87020, and the property is located in Cibola County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $35,761,696
- Hospitality
- $32,757,520
- Educational
- $27,253,872
- Medical
- $28,191,176
- Retail
- $42,394,912
Location Insight
- City
- Grants
- County
- Cibola
- State
- New Mexico
- Latitude
- 35.1393
- Longitude
- -107.83
- CBSA code
- 24380
- CBSA name
- GRANTS, NM MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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