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Industrial Flex Property with Warehouses
For Sale
$175,000

505 E 10th Street, Lordsburg, NM 88045

Multiple warehouse buildings plus a smaller office area provide flexible industrial and support space.

Property Size10,995 SF
Lot Size0.55 Acres
Price / SF$15.92
Days on Market176

Property Features for 505 E 10th Street

General Information

Standard status Active
Size 10,995 SF
Lot size 0.55 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,952

Building Details

Building Size 10,995 SF
Year Built 1950
Listing Agency: Deming Realty Co., LLC.
Listed By: Merline Hensley · License #20647
Source: Wendymiletarealtor
Added: Feb 13 Changed: Aug 8 Last Checked: Aug 8 at 12:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Deming Realty Co., LLC.

Investment Insights

Based on property information with market context.

This industrial flex property includes a main building built around 1950 with additional structures added later. The main building is approximately 2,900 square feet and has an attached 125 square foot warehouse. There are also five additional warehouse/shed structures: warehouse #1 (1,989 square feet), warehouse #2 (1,522 square feet), warehouse #3 (864 square feet), warehouse #4 (1,284 square feet), and a glass shed (644 square feet), along with a carpenter shop (539 square feet). Covered storage areas are approximately 2,446 square feet, and the property also includes additional open sheds.

The site is situated on a lot measuring 200 by 120. The property is also described as having an additional lot to the north measuring 50 by 120, noted as suitable for a home close to the business. The prior use is described as a lumber business with a glass shop and carpenter shed.

Overall, the property’s mix of warehouses, storage structures, and the main building’s configuration supports both operational space and modest office needs.

Key Highlights

  • Approx. 10,995 total SF across multiple warehouse and support buildings, with a main office building area plus attached warehouse space
  • Main building built around 1950 offers 2,900 SF with a 125 SF attached warehouse
  • Warehouses include 1,989 SF (Warehouse #1), 1,522 SF (Warehouse #2), 864 SF (Warehouse #3), and 1,284 SF (Warehouse #4)

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency HVAC Service Hair Salon Plumbing Service Grocery & Convenience Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
Balanced
Demand for This Use

Demographics for 88045, NM

3,222
Population
1,520
Households
2.1
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
1,398.0 sq mi
ZIP Area
2
Density / Sq Mi
$41,600
Median Household Income
$28,750
Median Earnings
$731
Median Rent
$98,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Multiple warehouse buildings plus a smaller office area provide flexible industrial and support space.
Where is this flex space located?
The property is located at 505 E 10th Street Lordsburg, NM.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Approx. 10,995 total SF across multiple warehouse and support buildings, with a main office building area plus attached warehouse space; Main building built around 1950 offers 2,900 SF with a 125 SF attached warehouse; Warehouses include 1,989 SF (Warehouse #1), 1,522 SF (Warehouse #2), 864 SF (Warehouse #3), and 1,284 SF (Warehouse #4)
More about this property
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