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Property profile & analytics
OFF-MARKET
Warehouses

301 Rock Cyn Rd Elephant Butte, NM 87935

Built 1994
Property ID
Property summary
AI-generated overview

This exceptional Elephant Butte, NM commercial property, located at 301 Rock Canyon Road, presents a unique investment opportunity. The property boasts a substantial 20,250 square foot lot, featuring a large metal building encompassing 3,440 square feet of warehouse/showroom space. An additional 800 square feet of office space is situated upstairs, complete with a three-quarter bathroom. The main level includes two full bathrooms, a reception area, a sales room, an inventory room, and a materials room. Access is provided by three 10x10 foot roll-up doors and one 12x10 foot roll-up door. The property is fully fenced and enjoys high visibility due to its corner lot location. Its versatile design makes it ideal for a variety of uses, including showroom, warehouse, manufacturing, automotive, or retail businesses. The property is being sold separately from the existing business, although the business itself is not available for sale independently. An adjacent residential lot (103 Rio Grande Circle) is also available for sale, but only in conjunction with the purchase of 301 Rock Canyon Road. Built in 1994, this property offers significant potential for growth and profitability in a desirable location. The asking price is $499,500.

Property profile
Verified
Property type Warehouses
Year built 1994
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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