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$100,000

16235 S Highway 28, La Mesa, NM, 88044

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,188 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1898

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
FlooringTile, See Remarks

Exterior

Lot Size4,592 sqft

Building Information

Year Built1898
Stories1
Roof Type158

Land Information

APN4-011-148-327-216
Land UseResidential
Legal DescriptionS: 23 T: 25S R: 2E BRM 20A TR 71
Census Tract001600
Assessed Land Value$4,906
Assessed Improvement Value$5,977
Assessment Year2025

About this property

Prime Investment Opportunity - Commercial Potential! Located directly on a main street, this property offers unbeatable visibility and easy access—making it an excellent candidate for commercial use. Whether you're looking to develop a retail space, office, or service-based business, the location speaks for itself. High-traffic area, strong street presence, and minutes from major roads and local amenities—this is the kind of opportunity smart investors look for. Unlock the potential and turn this property into your next successful project!

Investor Tools

$0Estimated Mortgage Balance
$179,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

Interested in this property?

Betzabe Gardea

Reliant Property Management

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$95/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$240
$10,883
2025
$4,906
$5,977
$32,647
No

Tax History

Year
Tax Paid
Assessed Value
2025
$240
$10,883

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$179,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$810/mo
N/A
+$810/mo
5.4%

City: La Mesa

16235 S Highway 28 | Property Details | No Agent List