811 1St St Artesia, NM 88210
This exceptional commercial property in Artesia, New Mexico, offers a unique blend of land and building opportunities. Situated on a 5,839.2 square foot lot at 811 S 1st Street, zip code 88210, in Eddy County, this property is ideally suited for a variety of commercial ventures. The existing building offers versatile space adaptable to office or retail uses. The asking price is $430,000. A monthly lease option of $4500 is also available. This high-visibility location provides excellent exposure for any business. The property's strategic placement ensures easy accessibility and high traffic visibility, making it an ideal location for businesses seeking maximum exposure and convenient access for customers. This presents a rare opportunity to establish a strong commercial presence in a thriving area. The property's versatility allows for customization to suit diverse business needs, making it an attractive investment for both established companies and startups. Don't miss this chance to secure a prime commercial location in Artesia, New Mexico.
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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
Similar Nearby for Sale
Similar Nearby for Lease
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.