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115 S 5th St

2,442 SF Retail Building Estancia, NM 87016 $552,813 CAD ($226 CAD/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
Convenience Store
Building Size
2,442 SF
Building Class
C
Year Built
1789
Price
$552,813 CAD
Price Per SF
$226 CAD
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
163 ft on Loring Ave

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

PROPERTY TAXES

Parcel Number
R000057501
Land Assessment
$3,303 CAD
Improvements Assessment
$109,186 CAD
Total Assessment
$112,489 CAD
  • Listing ID: 13760360

  • Date on Market: 2018-09-11

  • Last Updated:

  • Address: 115 S 5th St, Estancia, NM 87016

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