4801 Avenida Divisadero B Santa Teresa, NM 88008
This exceptional Class A industrial warehouse, located at 4801 Avenida Divisadero in Santa Teresa, New Mexico, presents a unique investment opportunity. The property encompasses 135,000 square feet on a 6.5-acre lot, featuring a single-story building constructed and renovated in 2023. The warehouse boasts 12 loading docks and 12 dock-high doors, complemented by a substantial 32-foot ceiling height. Ample parking is provided with 59 regular spaces and an additional 24 trailer parking spots. Currently vacant, this property is offered as a Net Lease (NNN) investment with a 5-year lease term. The asking price is $16,875,000. Situated within the CI-2 permitted zoning, this location offers significant advantages, including proximity to Union Pacific rail access, the Santa Teresa Jet Port (capable of handling 737-300 cargo jets), and the benefits of a Foreign Trade Zone, allowing for duty-free imports and eliminating border crossing fees and inventory taxes. The property's Net Operating Income (NOI) is $21,000,000. This prime location and modern warehouse facility make it an ideal investment for discerning buyers seeking a high-return, low-risk opportunity in a rapidly growing market.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.