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718 W Spruce St 3,750 SF 100% Leased Retail Building Deming, NM 88030 $225,000 ($60/SF)
Executive Summary
Investment Property, Income generating commercial building on Spruce St in Deming New Mexico 88030. Built in 1950, Partially occcupied, there are currently 2 tenants occupying property. West side of building is available to move in. Features 3, 750 sq ft. Owner will consider financing with 15% Down Payment for 15 years at 8%
Call Eva Luna Realtor 575 494-0969 for more more info!
Call Eva Luna Realtor 575 494-0969 for more more info!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,750 SF
Building Class
C
Year Built
1950
Price
$225,000
Price Per SF
$60
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.14 AC
Zoning
Commercial - Commercial Zoning
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3051138466088 | Total Assessment | $33,487 (2025) |
| Land Assessment | $8,129 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $25,358 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
3051138466088
Land Assessment
$8,129 (2025)
Improvements Assessment
$25,358 (2025)
Total Assessment
$33,487 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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718 W Spruce St
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