1000 Brickland RdSunland Park, NM 88063

  • Retail properties
  • 39,600 SF
For Sale
$2,500,000 View listing

Property Details for 1000 Brickland Rd

Year built
2019
Lot size
3.22 AC
Property size (Sq ft)
39,600 SF
Zone code
P
Property type
Retail properties
Property subtype
Parking lots & garages
APN
4-021-171-461-320
APU
4021171461320

Description

This exceptional retail opportunity is located within Flushing Commons, a premier new development in the heart of Downtown Flushing. The property offers three available spaces ranging from 600 to 1,823 square feet, situated within a vibrant 53,000 square foot retail complex. Flushing Commons boasts a dynamic mix of uses, including medical and professional offices (164,000 sq ft), residential units (598 proposed), and ample parking (1,600 spaces). A 1.5-acre public plaza provides an inviting outdoor space for community gatherings. The location benefits from exceptional foot traffic in a bustling, multicultural neighborhood with a significant Asian population. Its strategic position near the intersection of Main Street and Roosevelt Avenue, the third busiest intersection in New York City, ensures high visibility and accessibility. Furthermore, proximity to the Flushing Main Street 7 train subway station, a top 10 busiest station in NYC, guarantees convenient public transportation access for customers and employees. This is a rare chance to establish a business in a thriving, rapidly growing area with unparalleled connectivity and community engagement. The development's modern design and amenities create a desirable environment for both businesses and consumers. Don't miss this opportunity to secure your place in one of New York City's most dynamic commercial hubs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,767,878
    6.5%
    $5,324,195
    7%
    $4,943,896
  • Comparable approach

    Method
    Valuation
    Relative Method
    $16,605,389
    Geo Method
    $16,605,389
  • Alternative Use

    Use
    Valuation
    Residential
    $4,491,158
    Hospitality
    $4,113,876
    Educational
    $3,422,697
    Medical
    $3,540,408
    Retail
    $5,324,195
1000 Brickland Rd, Sunland Park, New Mexico

Location Insight

City
Sunland Park
County
Dona Ana
State
New Mexico
Latitude
31.784
Longitude
-106.532
CBSA code
29740
CBSA name
LAS CRUCES, 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
$55,948
$1,073
$1,281,177
$1,282,250
-
$3,220
$3,843,532
$3,846,752

FAQs

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