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1587 Highway 264

9,200 SF 100% Leased Retail Building Gallup, NM 87301 $1,840,491 ($200/SF) 8.15% Cap Rate

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,200 SF
Building Class
B
Year Built
2004
Price
$1,840,491
Price Per SF
$200
Cap Rate
8.15%
NOI
$150,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Land Acres
0.78 AC
Opportunity Zone
Yes
Parking
34 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
144 FT on Hwy 264

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R171298
Land Assessment
$16,990
Improvements Assessment
$150,157
Total Assessment
$167,147
  • Listing ID: 33923801

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: 1587 Highway 264, Gallup, NM 87301

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