919 Alameda StSanta Fe, NM 87501

  • Strip malls
  • 4,846 SF
For Sale
$224,000 View listing

Property Details for 919 Alameda St

Property size (Sq ft)
4,846 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
910014163
APU
910014163

Description

This exceptional business opportunity is located at 919 W Alameda St, Santa Fe, NM 87501, a vibrant area just minutes from the bustling downtown. Priced at $224,000, this established business offers a unique blend of shopping and leisure activities, catering to a clientele in a high-demand area. The property's strategic location within Santa Fe County ensures high visibility and accessibility, attracting both local residents and tourists. The surrounding area features million-dollar homes, creating an upscale atmosphere that enhances the business's appeal and potential for growth. Ample parking and inviting outdoor seating areas further contribute to a positive customer experience. This turnkey operation presents a rare chance to acquire a well-established business in a desirable location with significant growth potential. The property is situated in a lively community, offering a strong foundation for continued success. This is an ideal investment for entrepreneurs seeking a profitable venture in a thriving market. The business is categorized as "Business Only," offering a focused and streamlined operation. Detailed financial information is available upon request. This is a remarkable opportunity to own a successful business in the heart of Santa Fe.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $773,551
    6.5%
    $714,047
    7%
    $663,044
  • Comparable approach

    Method
    Valuation
    Relative Method
    $429,189
    Geo Method
    $416,392
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,369,590
    Mixed-Use / Specialty
    $720,744
    Hospitality / Lodging
    $540,821
    Office
    $726,090
    Institutional / Educational
    $752,587
    Residential Income
    $880,527
    Multifamily
    $1,004,820
    Automotive / Energy
    $645,075
    Parking / Income-Based Land
    $213,476
    Restaurant / Food Service
    $394,591
    Healthcare / Senior Housing
    $729,632

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.6892
Longitude
-105.959
CBSA code
42140
CBSA name
SANTA FE, NM METROPOLITAN 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
$4,512
-
$140,311
$140,311
-
-
$420,936
$420,936

FAQs

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