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Property profile & analytics
OFF-MARKET
Commercial real estate

10204 Hope Hwy Artesia, NM 88210

6,524 SF 4.39 ac lot Built 1982
Property ID
US61-0498915
Property summary
AI-generated overview

This exceptional 6,524 square foot commercial property in Artesia, NM, presents a unique investment opportunity. Situated on a 4.39-acre lot with 330 feet of highway frontage, the property boasts a substantial 5,585 square foot metal shop and 940 square feet of office space. The shop features ten overhead doors – six measuring 12 feet high and four measuring 14 feet high – including two convenient drive-through bays. A large wash bay is located at the rear of the shop, adding to its versatility. The expansive 4.4-acre yard is fully secured with a perimeter fence and includes a cross fence for added organization and security. The property's location near the Artesia Municipal Airport provides excellent accessibility and visibility. The combination of ample shop space, generous office area, and extensive yard space makes this property ideal for a wide range of commercial uses. The high visibility and convenient location offer significant potential for growth and profitability. This property is ready for immediate occupancy and presents a rare opportunity to acquire a well-maintained and versatile commercial space in a desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 1982
Total area 6,524 SF
Lot 4.39 ac (191,228 SF)
UPID US61-0498915
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
Current use
Occupant on record · Public records
  • Dudley Sales & Services Professional Services
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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