704 Richey Ave Artesia, NM 88210
This exceptional opportunity presents a fully operational meat packing facility located at 704 W Richey Avenue, Artesia, New Mexico, 88210. Priced at $700,000, this established business sits on a 2.256-acre lot and includes all necessary equipment for immediate operation. The sale encompasses a comprehensive array of meat processing equipment, including a meat saw, grinders, tenderizers, slicer, and a smoker room. Two meat storage freezers maintain optimal product preservation. Efficient handling is ensured with an indoor hanging weight scale and a hydraulic lift for carcasses. Livestock weighing is facilitated by an on-site scale and accompanying pens. A convenient laundry area, equipped with a washer and dryer, caters to the cleaning of meat jackets and aprons. The property also features an office space, recently remodeled approximately four years ago. This turnkey operation is ready for a new owner to step in and continue its successful history within the Artesia community. Please note that a yellow truck and a singlewide mobile home located on the property are not included in the sale and will be removed prior to closing. This is a rare chance to acquire a well-established, profitable business with all equipment included.
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Payne Packing Co Food Processing Plant
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
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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.