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8.9 Acres with Rail Spur
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NM-18, Eunice, NM 88231

8.9-acre property near Eunice, NM, with rail spur access.

Property Size387,684 SF
Lot Size8.90 Acres
Price / SF$2.26
Days on Market1466

Property Features for NM-18

General Information

Standard status Active
Size 387,684 SF
Lot size 8.90 Acres
Property subtype Industrial
Listing Agency: Permian Real Estate
Listed By: Erin Anderson · License #19757
Source: Crexi
Added: Aug 18, 2022 Changed: Aug 8 Last Checked: Aug 22 at 5:10AM

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 Permian Real Estate

Investment Insights

Based on property information with market context.

This 8.9-acre property, situated approximately 2.5 miles south of Eunice, NM, presents a significant opportunity for industrial or commercial development. It features a rail spur of approximately 1,360 feet (1/4 mile) in length, providing access to the Texas New Mexico Rail Road, which facilitates the convenient transportation of products. The location offers good access from Hwy 18 and is near Hwy 176. The property is fenced for enhanced security and includes a stabilized caliche road to ensure easy access throughout the site. The location is suitable for unloading pipe and transloading sand. The site is approximately 19 miles from Hobbs, NM, 68 miles from Carlsbad, NM, and 82 miles from Midland, TX. It is also located approximately 25 miles north of the Texas/New Mexico border.

Key Highlights

  • Rail spur (approx. 1,360 ft) for convenient product transportation.
  • 8.9‑acre property suitable for industrial or commercial use.
  • Excellent location approximately 2.5 miles south of Eunice, NM with good access from Hwy 18.

Property Analytics

Current Use

Industrial land

Location Intelligence

Demographics for 88231, NM

3,339
Population
1,449
Households
2.3
Avg Household Size
35
Median Age
4%
College-Educated
73%
High-School Grad
351.0 sq mi
ZIP Area
10
Density / Sq Mi
$72,019
Median Household Income
$38,750
Median Earnings
$749
Median Rent
$151,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 8.9-acre property near Eunice, NM, with rail spur access.
Where is this industrial land located?
The property is located at NM-18 Eunice, NM.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Rail spur (approx. 1,360 ft) for **convenient product transportation.**; 8.9‑acre property **suitable for industrial or commercial use.**; Excellent location approximately 2.5 miles south of Eunice, NM with good access from Hwy 18.
(575) 694-4717 Call to check price and availability
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