115 S 5th St
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115 S 5th St
2,442 SF Retail Building Estancia, NM 87016 $390,000 ($160/SF)
Investment Highlights
- Pumps, asphalt, signage recently updated
- Large warehouse area--potential for operation of an additional retail/office business
- Locally owned-in operation 32 years, one of only two gas stations in Estancia
Executive Summary
Absolute Investment Realty has been selected to exclusively represent the owner in the sale of Valley Express, a successful operating convenience store located on the main thoroughfare in Estancia, NM The Valley Express gas station and convenience store has been in continuous operation as one of the main fuel stations in Estancia for over 32 years, owned by the current owner for 15 years The well maintained condition of the property shows the pride in ownership Valley Express is one of only 2 gas station c stores in the Estancia market and serves not only the town of Estancia but the larger surrounding agricultural community The buyer of this property may have an opportunity to expand the business by acquiring the adjacent apartment building (also available at 64 000 adding fuel pumps and selling dyed diesel fuel for farm equipment Don’t miss this opportunity to acquire this busy gas station and c store
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,442 SF
Building Class
C
Year Built
1789
Price
$390,000
Price Per SF
$160
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
0.54 AC
Opportunity Zone
Yes
Zoning
C-B
Parking
10 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Valley Express
- -
- 2,442 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Valley Express | - | 2,442 SF | - | - |
PROPERTY TAXES
Parcel Number | R000057501 | Improvements Assessment | $77,029 |
Land Assessment | $2,330 | Total Assessment | $79,359 |
PROPERTY TAXES
Parcel Number
R000057501
Land Assessment
$2,330
Improvements Assessment
$77,029
Total Assessment
$79,359
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115 S 5th St
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