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    Property profile & analytics

    12340 State Park Rd Radium Springs, NM 88054

    • Warehouses
    • 3,400 SF
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 12340 State Park Rd

    Lot size
    1.21 lot acres
    Property size
    3,400 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Radium Springs
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.9
    Latitude
    32.4939

    Comparable in this City

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    • Value Estimation by Request
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      1.48 Acres

      45 Underwood Blvd

      Land • 1.48 Acres
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    • Value Estimation
      $445,000
      1,500 SF

      12695 State Park Rd

      OFFICE BUILDING • 1,500 SF
      12695 State Park Rd, Radium Springs, NM 88054
      View Details
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    12340 State Park Rd
    Radium Springs, NM 88054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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