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Investment Highlights

  • Located in the heart of Tijeras, surrounded by trees and mature vegetation, offering a picturesque setting
  • 2020 Build
  • Convenient ingress/egress facilitated by turn lane and frontage from the state highway
  • Frontage on NM Highway 337
  • Less than a mile from I-40 entrance/exit, ensuring exceptional accessibility with over 64,366 VPD traffic flow
  • All properties zoned CB-1 for Commercial Development, with drainage plans completed & utilities stubbed in (Natural Gas, 2” Water Line, 3 Phase Power)

Executive Summary

PROPERTY CAN BE BUNDLED WITH SURROUNDING 6.84 ACRES
Discover an exceptional opportunity to acquire prime commercial real estate in Tijeras, NM. This 4468 SF retail building, constructed in 2020, is strategically located on NM Highway 337 with high visibility and significant traffic exposure. Perfectly poised for immediate and future development, this property offers numerous features and benefits:
Size & Construction:
-4468 SF retail building
-Built in 2020
-Land & Infrastructure:
-Situated on 1 frontage acre
-36 parking spaces
-Built-out turn lane for ingress/egress
Utilities & Systems:
-3-phase electricity
-Dual HVAC system
-Power to a future monument sign
Accessibility & Compliance:
-ADA compliance buildout
Location & Zoning:
-Frontage on NM Highway 337
-64,000 vehicles per day (VPD)
-Less than a mile from Interstate I-40
-Zoned CB-1 for commercial development
This is a rare chance to acquire a prime piece of commercial real estate in a strategic location. Don't miss out on this unparalleled opportunity to shape the future of Tijeras.
Highlights:
-Located in the heart of Tijeras, surrounded by trees and mature vegetation, offering a picturesque setting
-Frontage on NM Highway 337
-2020 Build
-1 Frontage Acre
-3 Phase Electricity
-Dual HVAC System,
-ADA Compliant
-Power to Future Monument Sign
-4468 SF
-Less than a mile from I-40 entrance/exit, ensuring exceptional accessibility with over 64,366 VPD traffic flow
-Convenient ingress/egress facilitated by turn lane and frontage from the state highway
-All properties zoned CB-1 for Commercial Development, with drainage plans completed & utilities stubbed in (Natural Gas, 2” Water Line, 3 Phase Power)
-Total land area spanning 7.8434 acres, presenting a substantial opportunity for development -This portfolio sale represents a rare chance to acquire prime commercial real estate in a strategic location, poised for immediate & future development. Don’t miss out on this unparalleled opportunity to shape the future of Tijeras
-Currently Leased at $3,750 NNN with 3% Increases

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,468 SF
Building Class
B
Year Built
2020
Price
$1,350,000
Price Per SF
$302.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.00 AC
Zoning
CB-1
Parking
15 Spaces (3.36 Spaces per 1,000 SF Leased)
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
1-028-057-362260-1-01-01
Land Assessment
$43,366
Improvements Assessment
$58,487
Total Assessment
$101,853
  • Listing ID: 32288418

  • Date on Market: 6/28/2024

  • Last Updated:

  • Address: 11807 NM 337 #3, Tijeras, NM 87059

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