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1587 Highway 264

9,200 SF 100% Leased Retail Building Tse Bonito, NM 87301 £1,471,141 (£160/SF) 8.15% Net Initial Yield

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Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,200 SF
Building Class
B
Year Built
2004
Price
£1,471,141
Price Per SF
£160
Net Initial Yield
8.15%
NOI
£119,898
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.27
Lot Size
0.78 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.
Parking
34 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
144 ft on Hwy 264
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1587 Highway 264, Tse Bonito, NM - aerial map view

PROPERTY TAXES

Parcel Number R171298 Improvements Assessment £120,860
Land Assessment £13,675 Total Assessment £134,536

PROPERTY TAXES

Parcel Number
R171298
Land Assessment
£13,675
Improvements Assessment
£120,860
Total Assessment
£134,536
(248) 728-4368

Contacts

  • Listing ID: 33923801

  • Date on Market: 19/11/2024

  • Last Updated:

  • Address: 1587 Highway 264, Tse Bonito, NM 87301

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1587 Highway 264, Tse Bonito, NM for sale Aerial- Image 2 of 4
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1587 Highway 264, Tse Bonito, NM for sale Building Photo- Image 3 of 4
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© 2025 CoStar Group

1587 Highway 264
(248) 728-4368 x

1587 Highway 264

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Joseph Zehia

(248) 728-4368

(248) 728-4368

Rita Michil

(947) 282-8097

(947) 282-8097

Dominic Shamany

(248) 450-3259

(248) 450-3259

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