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Property profile & analytics
OFF-MARKET
Commercial real estate

1701 1St St Artesia, NM 88210

3,174 SF 0.31 ac lot Built 1950
Property ID
Property summary
AI-generated overview

This exceptional 3,174 square foot commercial property, situated on a 0.31-acre lot at 1701 N First Street in Artesia, New Mexico, presents a compelling investment opportunity. Boasting a highly visible location on N. First Street (Highway 285), this building offers significant potential for a variety of uses. One side of the building features a welcoming lobby, three private offices, a dedicated conference room, two bathrooms, and a convenient storage room, ideal for professional office space. The other side comprises two sizable storage areas, already plumbed for a bathroom, presenting the flexibility to create additional office space or adapt to suit a different tenant's needs. The property's dual-sided layout makes it particularly well-suited for multi-tenant occupancy. Ample on-site parking is available for tenants and clients. The asking price for this versatile commercial property is $253,820. This prime location and adaptable space offer a rare chance to acquire a valuable asset in a thriving Artesia business district. The property's high visibility ensures excellent exposure for any business operating within its walls. Don't miss this chance to own a piece of Artesia's commercial landscape.

Property profile
Verified
Property type Commercial real estate
Year built 1950
Total area 3,174 SF
Lot 0.31 ac (13,504 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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