11357 Lovington Hwy Artesia, NM 88210
This exceptional commercial property, located at 11357 Lovington Hwy in Artesia, New Mexico, presents a unique investment opportunity. The 6,000 square foot building sits on a 1.5-acre lot, fully fenced, providing ample space and security. The property features a spacious commercial shop area with three overhead doors, ideal for various business uses. The building also includes a well-appointed office space, divided between upstairs and downstairs areas. The upstairs office benefits from an HVAC unit for climate control, while the downstairs area offers two bathrooms and convenient storage closets. Two gas heaters ensure comfortable temperatures throughout the shop. A covered area extends from the back of the shop, adding further functionality and protection from the elements. The property's prime location in Artesia, Eddy County, New Mexico (zip code 88210), offers excellent visibility and accessibility. With its combination of shop space, office space, and generous lot size, this property is perfectly suited for a wide range of commercial enterprises. The asking price is $565,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.