12340 State Park Rd, Radium Springs, NM 88054
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.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.