Listing Agency: NM Ranch & Luxury, LLC Show Phone

Listed By: Chad Casson Show Phone

Source: Exprealty

Added: Jun 1 Changed: Aug 26 Last Checked: Aug 26 at 1:31PM

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Investment Insights

Based on property information with market context.

This property includes a versatile metal building with four overhead doors, a half bath, and ample parking. In addition to warehouse space, the site offers extra storage, an air compressor, and an RV hookup, supporting a range of service and storage-oriented operations. The lot also provides additional room for future expansion, along with utilities that include public water and a private septic system.

The building sits on a highly visible corner at State Highway 48 and Enchanted Forest Loop in Alto, NM. The corner placement and on-site parking support easy vehicle access for customers, employees, and delivery or service traffic.

For tenants, buyers, and operators, the overhead door count and flexible layout can accommodate businesses that require regular loading access, onsite storage, or a mix of work and customer-facing use. The included air compressor, RV hookup, and added storage space further broaden practical fit for equipment-oriented service operations, warehousing, or a retail component supported by vehicle access and parking.

Key Highlights

• Just over half an acre on a highly visible corner of Highway 48 and Enchanted Forest Loop
• Versatile metal building with four overhead doors and a half bath
• Ample parking plus additional room for future expansion

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Big Box & Wholesale Store Travel Agency Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Drive-in doors

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 88312, NM

2,735

Population

3,219

Households

0.8

Avg Household Size

61

Median Age

43%

College-Educated

96%

High-School Grad

71.2 sq mi

ZIP Area

38

Density / Sq Mi

$95,479

Median Household Income

$35,350

Median Earnings

$339,200

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Flex space - Versatile metal warehouse with four overhead doors, half bath, and extra storage for service, storage, or retail use.

Where is this flex space located?

The property is located at 1124 State Highway 48 Alto, NM.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Just over half an acre on a highly visible corner of Highway 48 and Enchanted Forest Loop; Versatile metal building with four overhead doors and a half bath; Ample parking plus additional room for future expansion