TBD Highway 17/64/84

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TBD Highway 17/64/84

Chama, NM 87520
Asking Price
$90K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for sale in Chama
  • Prime frontage located along the Highway 17/64/84 corridor
  • Asset offered at an asking price of $89,900
  • Site benefits from high visibility for commercial operations
  • Well-suited for retail or service industry business development

What's Special

Priced at $89,900, this commercial land parcel occupies a high-visibility position along the Highway 17/64/84 corridor in Chama, New Mexico. The site benefits from its strategic placement in a region known for its mountain landscape and transit connectivity, serving as a gateway for travelers and local commerce. Its prime frontage provides significant exposure for businesses seeking a presence in this active corridor. Prospective buyers might consider a variety of commercial developments suitable for the site's profile. Given its location on a primary regional artery, the land is well-positioned for retail, hospitality, or service-based enterprises that rely on consistent vehicular traffic. Chama remains a focal point for the surrounding area, offering a stable environment for investment and long-term development projects. Investors looking to establish a footprint in this part of New Mexico will find the site offers practical utility and accessibility for future operational needs.

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NOI
$80,000
Cap Rate
88.99%
DSCR
14.99
Strong
Cash-on-Cash
276.84%
Monthly Payment
$444.776
Annual Cash Flow
$74,662.686

Location & Travel Times