HWY Frontage Exposure Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30765659
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 2,059 SF
Gross Land Area: 19,468 SF
Sale Price: $235,000
Unit Price: $114.13 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Macias Auto Electric
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 10/5/2021

Overview / Comments

Excellent .45 acre corner near Interstate 10 east exit , Across street from Walgreens, Next door to Cactus Cafe. Burger King, Arby's, Pizza Hut, KFC, Tractor Supply, O'Reilly Auto Parts, Foxworth Galbraith Home Improvement, Wells Fargo nearby. Currently operating as auto electric service for 37 years, Former gas station, Tanks removed. Property features excellent Interstate 10 and frontage road visibility. Ideal for a variety of retail, commercial , potential food, traveler service functions. Also a redevelopment opportunity. Frontage road sector is well anchored by national credit tenants.
Realtor Info: Excellent .45 acre corner near Interstate 10 east exit , Across street from Walgreens, Next door to Cactus Cafe. Burger King, Arby's, Pizza Hut, KFC, Tractor Supply, O'Reilly Auto Parts, Foxworth Galbraith Home Improvement, Wells Fargo nearby. Currently operating as auto electric service for 37 years, Former gas station, Tanks removed. Property features excellent Interstate 10 and frontage road visibility. Ideal for a variety of retail, commercial , potential food, traveler service functions. Frontage road sector is well anchored by national credit tenants.

Additional Details

Nearest MSA: Deming
County: Luna
Taxing Authority: Luna County
Tax ID/APN: 3051137279498
Zoning: COMMERCIAL
Retail Clientele: General, Business, Traveler, Tourist
Property Located Between: Cedar and Gold
Property Visibility: Excellent
Largest Nearby Street: Interstate 10 Frontage Road
Feet of Frontage: 101
Highway Access: Interstate 10
Site Description: level, corner property in shadow of Walgreens
Area Description: Retail and national fast food sector, exception highway related commerce
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,059 SF
Property Condition: Fair
Year Built: 1975
Year Renovated: 1985
Construction/Siding: Block
Exterior Description: Former gas station, two canopies, exterior lighting , fenced storage yard
Total Parking Spaces: 30
Parking Ratio: 11.1 (per 1000 SF)
Parking Type: Surface
Parking Description: covered, ssecure lot
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Evaporative Cooler
Internet Access: Fiber Optic
Interior Description: Auto electric shop, restroom, garage bay, storage
Zoning Description: Commercial
Lot Frontage: 101
Lot Depth: 175
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: WALLIS UNIT BLOCK 19 LOT 1 E 101' OF LOT 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,899 12,730 14,821
Median Age: 40.93 36.66 38.02
Households: 1,562 4,725 5,601

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