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    OFF-MARKET
    Warehouses

    12340 State Park Rd, Radium Springs, NM 88054

    3,400 SF 1.21 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 12340 State Park Road in Radium Springs, New Mexico, presents a unique investment opportunity. Priced at $165,000, this 3,400 square foot industrial space sits on a 1.21-acre lot (APN 3002122326512) and offers a compelling blend of warehouse and office space. The property includes two buildings: a main warehouse featuring an enclosed pole barn with concrete floors and a convenient roll-up door, ideal for storage or manufacturing; and a separate welding shop, complete with upstairs storage providing ample space for inventory or equipment. Two office spaces are also included, providing a comfortable and functional area for administrative tasks. The property boasts six parking spaces, ensuring convenient access for employees and clients. Situated near Leasburg State Park in Doña Ana County (zip code 88054), this location offers both a strategic business address and proximity to recreational areas. This single-tenancy property is perfect for a variety of businesses seeking a well-equipped and versatile space in a thriving area of New Mexico. The asking price per square foot is $52.94. This is a rare opportunity to acquire a functional and well-located industrial property.

    Property profile
    Verified
    Property type Warehouses
    Total area 3,400 SF
    Lot 1.21 ac (52,708 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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