11357 Lovington Hwy Artesia, NM 88210
This exceptional commercial property, located at 11357 Lovington Highway in Artesia, New Mexico, presents a significant investment opportunity. The expansive 6,000 square foot building boasts a versatile layout ideal for a variety of businesses. The main shop area features two gas heaters for efficient climate control, ensuring comfortable working conditions year-round. Separate office spaces are available both upstairs and downstairs, providing ample room for administrative functions. The upstairs office benefits from an HVAC unit for optimal comfort. Downstairs, the property includes two bathrooms and convenient storage closets, enhancing functionality and organization. Three overhead doors provide easy access for loading and unloading, facilitating smooth operations. Adding to the property's appeal is a substantial covered area at the rear of the shop, offering additional protection from the elements. The entire property sits on a generously sized 1.15-acre lot, fully fenced for security and privacy. This prime location in Artesia offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a well-equipped and strategically positioned commercial space. The combination of size, features, and location makes this property a compelling investment opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.