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116-118 State Road 4
White Rock, NM 87544
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prime Frontage property with numerous approved uses (see attached C-3 Zoning). Large housing development being built across the street.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,346 SF
Building Class
B
Year Built
2000
Building Height
1 Story
Building FAR
0.11
Lot Size
0.94 AC
Zoning
C3
Frontage
460’ on State Road 4

ABOUT 116-118 STATE ROAD 4 , WHITE ROCK, NM 87544

This is a rare opportunity to own a landmark property with prime frontage on the main thoroughfare in White Rock, NM. This offering consists of two separately deeded lots (40,929 sf) comprising nearly 460 feet of prime frontage property located directly on State Road 4 with high traffic exposure. This versatile property is currently utilized as a restaurant (Time Out Pizzeria); however, the possibilities are limitless given its C-3 Zoning designation - Heavy Commercial District. The building is ~4,346 sf and the new owner can continue to utilize it as a restaurant or can convert the space into commercial retail, office space, or one of the many different uses permitted by Los Alamos County. This is an excellent location that is well positioned to benefit from this rapidly growing community. Located directly across from the White Rock Visitor Center and less than a half mile from a brand-new housing development (The Mirador, with over 160 new homes anticipated), this is a terrific opportunity to participate in White Rock's future growth that is now on the foreseeable horizon. With two separate lots of prime frontage property and numerous permitted use possibilities, the sky is the limit for the future owner to envision the prospects and take advantage of this exceptional ownership opportunity!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R010649
Land Assessment
$78,300
Improvements Assessment
$94,820
Total Assessment
$173,120
  • Listing ID: 16856250

  • Date on Market: 8/8/2019

  • Last Updated:

  • Address: 116-118 State Road 4, White Rock, NM 87544

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