3524 W Highway 60, Quemado, NM 87829
$1,200,000
Property Type:
Commercial Sale
Square Footage:
3,200
Lot Size (sq. ft.):
24,500
Status:
Closed
Current Price:
$1,200,000
List Date:
3/09/2020
Last Modified:
12/04/2020
Description
This is a very well managed gas station and convenience store with a tremendous upside. Property sits on 6 lots in Quemado, the fuel tanks are above-ground. On average there are 300 customers visiting this station per day. Seller also operates a full liquor license and will sell including the liquor license for $1.7M (12.4% CAP based on 2019 Net Operating Income). Store inventory and gasoline in the above-ground tanks sell by separate Bill of Sale.
More Information MLS# 937094
Status Change Info
Pending Date: 2020-10-14
Closing Date: 2020-12-03
Contract Information
Listing Price: 1200000
Current Price: $1,200,000
List Price/SqFt: 375
Status: Closed
Location
Street #: 3524
Street Name: W Highway 60
County: Catron
City/Town Code: Quemado
State/Province: NM
Zip Code: 87829
Directions: The Rito Quemado Gas Station and Convenience Store is in the middle of town on the N side of Hwy 60
Geo Lat: 34.340761
Geo Lon: -108.499261
Area: 370 - Catron
Zone Atlas: NOZA
General Property Description
Property Sub-Type: Other
Apx Structured SqFt: 3200
SqFt Source: Broker
Acres: 0.56
Lot SqFt: 24500
Apx Lot Dim Front: 150
Apx Lot Dim Side: 140
Lot Size Source: Survey
Total # Stories: 1
# Parking Spaces: 20
Docks: No
Door Height: n.a.
Disability Access: Yes
HVAC: Yes
% Occupied: 100
Transaction Type: Business Included
Tax & Legal Info
UPC Code: not available
Short Legal Desc: Property # 2 093 006 102 418 1 Original Quemado Block 6 Lot 1,2,3,4,5,6,7 Store Here Plat B-700 3455 Hwy 60
GRT Code: 28-028
Current Taxes: 2780
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 183232
Annual Gross Income: 401670
Lease Term/Months: none
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: No
Property Features
Location: Downtown; Freestanding; Pad; Rural; Downtown; Freestanding; Pad; Rural
Miscellaneous: Financial Info
Construction: Frame; Metal
Exterior Material: Metal Siding
Property Access: S Property Line
Utilities: All City; LP Propane; Underground Utilities
Heating: Heat/Cool Combo (G)
Cooling: Heat/Cooling Combination
Lease Information: Call List Office
Parking: Guest Parking; Onsite
Docs/Data Available: Deed; Development Plans; Disclosure Statement
Finance Considered: Cash; Conventional
Zoning: C-1
Listing Office: Ranch Pros Real Estate
Last Updated: December - 04 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.