615 W Route 66 Boulevard

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615 W Route 66 Boulevard

Tucumcari, NM 88401
Asking Price
$85K
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

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

  • The property encompasses 1,461 square feet of versatile space.
  • The asset is listed for sale at $85,000.
  • This building is categorized as a mixed-use traditional office asset.
  • Located on Route 66 in the city of Tucumcari.
  • Positioned in a key commercial corridor in Quay County.

What's Special

Priced at $85,000, this 1,461-square-foot mixed-use property sits at 615 W Route 66 Boulevard in Tucumcari, New Mexico. The building functions primarily as traditional office space, offering a functional footprint for local operations or small business headquarters. Given its positioning along the historic Route 66 corridor, the asset benefits from high visibility within the city's commercial core. Tucumcari serves as a key junction in Quay County, supporting a stable local economy driven by regional tourism and transportation services. The flexible layout allows for a variety of professional configurations, making it a viable candidate for owner-occupants or investors seeking to stabilize a multi-purpose asset in this established market. Prospective buyers should consider the utility of this space for administrative services, boutique retail, or specialized office requirements suited to the area's ongoing commercial activity.

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NOI
$80,000
Cap Rate
94.12%
DSCR
15.85
Strong
Cash-on-Cash
293.94%
Monthly Payment
$420.534
Annual Cash Flow
$74,953.597

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