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Property profile & analytics
OFF-MARKET
Warehouses

0 Joseph Ave Estancia, NM 87016

2.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, situated on a spacious 2.552-acre lot in Estancia, New Mexico, presents a compelling investment opportunity. Ideally located in Torrance County, this property boasts convenient access to major transportation routes, including Highway 41, the I-40 corridor, and US Highway 60. Approximately an hour's drive from both Albuquerque and Santa Fe, this location offers unparalleled accessibility. The property includes two substantial buildings. The first, a 2500 square foot structure, previously housed bean/grain cleaning equipment, complete with two grain storage bins and a 12x12 roll-up door. The second building, significantly larger at approximately 8400 square feet, features multiple office spaces, smaller storage rooms, a scale room with a truck scale, a large storage area, and a dedicated loading/unloading zone. This building also offers convenient access with one 20x14 roll-up door and two 9x9 roll-up doors. This unique property is priced at $450,000 and offers significant potential for a variety of commercial uses. Its strategic location and substantial building footprint make it an attractive option for businesses seeking a well-established base of operations in central New Mexico. Don't miss this rare opportunity to acquire a versatile and strategically located commercial property.

Property profile
Verified
Property type Warehouses
Lot 2.55 ac (111,165 SF)
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
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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