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S Lake St

1.16 Acres of Commercial Land Offered at $425,000 in Tucumcari, NM 88401

Commercial Land New Mexico Tucumcari S Lake St, Tucumcari, NM 88401

Investment Highlights

  • 3 blocks from Old Route 66
  • Owner financing available
  • Get traffic from Route 66 travelers

Executive Summary

This lot has a lot of potential to work for any commercial business need.

Property Facts

Price $425,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Drugstore
  • Fast Food
  • General Freestanding
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
No. Lots 1 Total Lot Size 1.16 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $425,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Drugstore
  • Fast Food
  • General Freestanding
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 1.16 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price $425,000 Lot Size 1.16 AC
Price Per AC $366,379
Price $425,000
Price Per AC $366,379
Lot Size 1.16 AC

There are three structures on the site a 4,680 square feet restaurant building, 195x42 feet barn and a 90x24 covered shop area. There are two covered patios on the site(50x40 & 20x40 attached to the restaurant).

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PROPERTY TAXES

Parcel Number R913156 Improvements Assessment $49,732
Land Assessment $4,612 Total Assessment $54,344

PROPERTY TAXES

Parcel Number
R913156
Land Assessment
$4,612
Improvements Assessment
$49,732
Total Assessment
$54,344

zoning

Zoning Code Commercial
Commercial
  • Stella Watson
    Stella Watson
  • James & Stella Watson
(575) 461-9620

  • Listing ID: 31344646

  • Date on Market: 3/27/2024

  • Last Updated:

  • Address: S Lake St, Tucumcari, NM 88401

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S Lake St
(575) 461-9620 x

S Lake St

Stella Watson

(575) 461-9620

(575) 461-9620

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