$499,000

This versatile 3-acre property offers excellent highway frontage along heavily traveled US Highway 64 in Kirtland, New Mexico. With strong daily traffic counts and high visibility, the site is perfectly positioned for continued commercial success. The property currently features two stable income sources including a 2,148 sq ft restaurant with a long-term tenant paying $3,000 per month and a 14x60 manufactured home generating $1,000 per month. Total current monthly income is $4,000, or $48,000 annually. The remaining acreage offers significant development potential. With city water and sewer already available, this parcel is ideal for a variety of uses including a mobile home or RV park, mini storage facility, retail or service outlets, additional commercial buildings, or truck/trailer parking and equipment storage. The combination of existing cash flow, prime highway location, and utility infrastructure makes this a rare investment opportunity in the Kirtland/Farmington market. Whether you are looking for a turnkey income property or a development project with immediate revenue, this property delivers strong fundamentals and future upside. Serious investors and developers should not miss this opportunity to own a productive commercial asset in a high-traffic corridor. taxes may change upon sale, buyer to verify square footage. Buyer to verify square footage, age and taxes.