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    412 Main St Artesia, NM 88210

    For Sale
    $449,900

    5,600 sq ft Commercial Lot, Downtown Artesia

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5,600 square foot commercial land parcel presents a remarkable investment opportunity in the vibrant downtown Artesia, New Mexico area. Situated at 412 W Main Street, 88210, this property boasts a highly desirable location within an established commercial district. The lot's size offers significant potential for various commercial developments, catering to a range of business ventures. Its prime location ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. The address is easily identifiable and benefits from convenient access to local amenities and transportation networks. This property is zoned for commercial use and is ready for immediate development, offering a streamlined path to realizing your investment goals. The asking price for this exceptional piece of land is $449,900. Given its size, location, and potential, this property represents a compelling investment opportunity in a thriving New Mexico community. Don't miss the chance to secure this valuable asset in the heart of Artesia. The property is located in Eddy County, New Mexico, and its coordinates are 32.842369 latitude and -104.401693 longitude.

    Property Features for 412 Main St

    General Information

    Property type
    Land

    HighLights

    • $449,900 asking price.
    • 5,600 square foot land parcel.
    • Located at 412 W Main Street, Artesia, NM 88210.
    • Commercial land in Eddy County, New Mexico.
    Property Profile Location Intelligence

    Current Use by Public Records

    Artesia Family Wellness ... Massage Therapist Therapeutic Massage of Artesia Massage Therapist Bliss Nail Bar, ... Nail Salon Kože Esthetics Skin Care Clinic T & J Valve ... Professional Services

    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
    -104.401693
    Latitude
    32.842369

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    FAQs

    What type of property is this?
    Land - 5,600 sq ft Commercial Lot, Downtown Artesia
    Where is this land located?
    The property is located at 412 Main St Artesia, NM.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: $449,900 asking price.; 5,600 square foot land parcel.; Located at 412 W Main Street, Artesia, NM 88210.
    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
    412 Main St Artesia, NM 88210
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