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Property profile

451 Lipps Rd Anthony, NM 88021

OFF-MARKET
Commercial real estate
3.75 ac lot
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Property summary

AI-generated overview

This exceptional 3.75-acre commercial property presents a prime investment opportunity in Anthony, New Mexico. Strategically located just minutes from Interstate 10, this land boasts unparalleled accessibility and connectivity, making it ideal for a wide range of commercial ventures. The property is zoned PD, allowing for industrial, commercial, and residential development, offering remarkable versatility for future projects. This flexibility allows for diverse development options, catering to a broad spectrum of business needs. The asking price is $343,950, representing a compelling value for this strategically located parcel. Utilities are readily available at the property line, with water and electricity already in place, simplifying the development process and minimizing upfront costs. The seller is offering an owner finance option, making this an even more attractive proposition for potential buyers. This presents a unique chance to acquire a substantial land holding in a rapidly growing area with excellent infrastructure and convenient access to major transportation routes. The expansive acreage provides ample space for large-scale projects or the potential for subdivision into smaller lots. Don't miss this chance to secure a valuable piece of New Mexico commercial real estate. Act quickly, as opportunities like this are rare.

Property profile

Verified
Property type Commercial real estate
Lot 3.75 ac (163,350 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

451 Lipps Rd Anthony, NM 88021
Anthony metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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