1279 S 2nd St | Raton, NM 87740
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1279 S 2nd St
Raton, NM 87740
Dona Ana Shopping Center · Retail Property For Sale
Investment Highlights
- Great investment property at 6.5% cap rate
- Excess land for construction/storage units
- Cross access and parking with adjacent property
- Long term tenants with renewal options
- Potential additional monument signage
- CCRs in place
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
29,129 SF
Building Class
C
Year Built
1975
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
3.23 AC
Parking
80 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
100 ft on South Second Street
Amenities
- Corner Lot
- Air Conditioning
About 1279 S 2nd St , Raton, NM 87740
Shopping Center investment property with 4 buildings and shared parking in a great northern New Mexico location. 100% leased with long term tenants plus room for expansion.
PROPERTY TAXES
| Parcel Number | 11942 | Improvements Assessment | $1,111,385 |
| Land Assessment | $44,890 | Total Assessment | $1,156,275 |
PROPERTY TAXES
Parcel Number
11942
Land Assessment
$44,890
Improvements Assessment
$1,111,385
Total Assessment
$1,156,275
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