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Property profile & analytics
OFF-MARKET
Commercial real estate

11357 Lovington Hwy Artesia, NM 88210

6,000 SF 1.15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 6,000 SF
Lot 1.15 ac (50,094 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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