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    401 W Quay Ave Artesia, NM 88210

    For Sale
    $550,000

    Mixed Use - Artesia, NM

    Type:Mixed Use
    Property size:
    10,174 SF
    Lot size:
    0.16 Acres
    Days on Market:
    367
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 401 W Quay Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    4152099349067
    Exterior features
    Paved
    Size
    10,174 SF
    Lot size
    0.16 Acres

    Building Details

    Building materials
    Block
    Roof type
    Flat
    Architectural style
    Other

    Lois Oliver Real Estate, Inc. (575) 748-9735 [email protected]

    Listing agent Jon Henry (575) 748-9735

    Listing date Dec 6, 2024

    MLS# 20196098 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Artesia Mixed-Use Opportunity

    This mixed-use property, located in downtown Artesia, presents an opportunity to own a piece of local history. Constructed in 1960, the building offers 10,174 square feet of usable space on a corner lot of 0.1607 acres. The interior features industrial concrete flooring and a spacious 2,600 sq ft balcony overlooking the first level. The property includes an upgraded HVAC system and a fire suppression system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Artesia
    County
    Eddy
    State
    New Mexico
    Longitude
    -104.401286
    Latitude
    32.840763

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with upgraded HVAC and fire suppression system.
    Where is this mixed-use property located?
    The property is located at 401 W Quay Ave Artesia, NM.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Large usable space: 10,174 sq ft corner lot ideal for business ventures.; - Enjoy a spacious 2,600 sq ft balcony overlooking the first level.; - Upgraded HVAC and added fire suppression system.
    (575) 748-9735
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 W Quay Ave Artesia, NM 88210
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