42 Colbert Ave Artesia, NM 88210
This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Artesia, New Mexico. Located just west of 42 Colbert, this property offers a blend of rural tranquility and convenient proximity to town. The lot provides ample space for a variety of commercial ventures, allowing for significant development potential. While enjoying a degree of seclusion, the property benefits from the presence of nearby neighbors, ensuring a sense of community without compromising privacy. The generous lot size ensures comfortable spacing between neighboring properties. Access to the property is facilitated by a recorded easement across an adjacent 10-acre parcel. This land, once part of a larger family holding, is now available for individual ownership. The asking price is $40,000. The property's location is in Eddy County, New Mexico, with a zip code of 88210, and its coordinates are 32.836564 latitude and -104.562593 longitude. This is an ideal opportunity to establish a commercial presence in a desirable area, offering both space and accessibility. Don't miss this chance to own your own piece of New Mexico.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.