115 8Th St Deming, NM 88030
- Commercial real estate
- 1,464 SF
- 0.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 115 8Th St
- Year built
- 1975
- Lot size
- 0.23 lot acres
- Property size
- 1,464 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 1,464 square foot warehouse building situated on a 0.23-acre lot at 115 N 8th St, Deming, NM. Constructed in 1975, this property boasts a central location, offering significant potential for income generation. The sale includes the existing lease agreement, which must be honored by the purchaser. Adding considerable value to this already attractive offering, the sale also encompasses two additional commercial city lots facing Granite Street. This presents a unique opportunity to expand the existing structure, develop additional buildings, or capitalize on the prime real estate for future growth. The warehouse itself provides ample space for storage or various commercial uses. The seller is open to considering financing options for qualified buyers. This is a rare chance to acquire a well-located, income-producing property with significant expansion potential in a thriving New Mexico market. Serious inquiries are encouraged to explore this compelling investment opportunity further. The property's central location and the inclusion of the two additional lots make this a truly exceptional offering.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Deming
- County
- Luna
- State
- New Mexico
- Longitude
- -107.7685
- Latitude
- 32.26808
