Tatum NM Commercial for Sale

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Type:
Other
Sq.Ft.:
1,773
Status:
Active
Beds:
n/a
Lot size:
4.02 Acres
Year built:
1980
Baths:
MLS#:
20241788

ADDITIONAL INFORMATION

Great investment opportunity! Nineteen unit motel on 4 acres of land with 3 bedroom 1 bath home that has an office in the front of it. Property is being sold as-is, owner will not make repairs.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1982
Baths:
MLS#:
20240471

ADDITIONAL INFORMATION

Looking for great frontage property for your next business venture? This unique property has a restaurant and an RV park! Call today for more details.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2024 New Mexico MLS, Inc. MLS. All rights reserved.



Tatum Real Estate

The median home value in Tatum, NM is $140,000. This is lower than the county median home value of $149,700. The national median home value is $338,100. The average price of homes sold in Tatum, NM is $140,000. Approximately 60.05% of Tatum homes are owned, compared to 19.36% rented, while 20.6% are vacant. Tatum real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tatum real estate agent to arrange a tour today!

Tatum, New Mexico has a population of 765. Tatum is less family-centric than the surrounding county with 28.77% of the households containing married families with children. The county average for households married with children is 36.8%.

The median household income in Tatum, New Mexico is $43,636. The median household income for the surrounding county is $62,319 compared to the national median of $69,021. The median age of people living in Tatum is 34.1 years.

Tatum Weather

The average high temperature in July is 91.5 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 16.2 inches per year, with 5.3 inches of snow per year.

Tatum Real Estate Market Conditions

  • Median sales price

    $140,000
    6.2% change since last quarter
  • # Active listings

    8
    30-day change

Tatum Schools and Demographics

Education near Tatum, NM

Metric City County
High School Graduates 79.29 76.24
College Degree - 2 year 7.72 7.64
College Degree - 4 year 15.26 14.84
Graduate Degree 1.51 6.28
Expenditures per Student 11,926 11,926
Students per Teacher 17.1 17.1

Elementary Schools near Tatum, NM

School Grades Students P/T Ratio ZIP
Tatum Elementary School PK - 06 218 15.8 88267

Middle Schools near Tatum, NM

School Grades Students P/T Ratio ZIP
Tatum Junior High School 07 - 08 54 15 88267

High Schools near Tatum, NM

School Grades Students P/T Ratio ZIP
Tatum High School 09 - 12 111 11.3 88267

Demographics near Tatum, NM

Metric City County
Neighborhood Type Small town
Population 765 72,743
Population Density 483 17
Median Age 34.1 31.9
People per Household 2.4 2.9
Median Household Income 43,636 62,319
Average Income per Capita 34,718 27,507