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OFF-MARKET
Specialty properties

702 Main St Artesia, NM 88210-2131

Property ID
Property summary
AI-generated overview

This exceptional commercial property in Artesia, New Mexico, presents a unique investment opportunity. Located at 702 W. Main St., this 14,000 square foot lot features a building with two distinct office areas, ideal for a variety of professional uses. The front section boasts attractive storefront windows facing Main Street, providing excellent visibility and accessibility. This area includes up to six private offices and two bathrooms, offering ample space for a team or individual professionals. The rear section provides additional privacy with two separate entrances and comprises up to three offices and one bathroom. The flexible layout allows for customization to suit diverse business needs. The asking price for this property is $365,000. This presents a compelling opportunity to acquire a well-situated commercial property in a thriving New Mexico community. The property is zoned for commercial use and is located in the 88210-2131 zip code. Its strategic location on Main Street offers high visibility and easy access for clients and employees. The property's size and layout offer significant potential for expansion or adaptation to meet evolving business requirements. Don't miss this chance to secure a valuable asset in a desirable location.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brannan Financial Group Church Mosque
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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