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Property profile & analytics
FOR SALE
Office buildings

12420 Highway 478 Mesquite, NM 75149

1,016 SF 0.3 ac lot Built 1940
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US61-0112119
Property summary
AI-generated overview

This exceptional commercial property, situated at 12420 Highway 478 in Mesquite, New Mexico, presents a unique investment opportunity. The property encompasses a 0.32-acre lot and features a versatile combination of office and warehouse space, ideal for a variety of businesses. The building includes three individual offices, providing ample space for administrative functions or private work areas. The substantial warehouse component boasts 3,168 square feet of usable space, characterized by high ceilings and convenient overhead doors, making it suitable for businesses requiring storage or operational space for equipment and inventory. The high ceilings offer significant vertical storage capacity, while the overhead doors ensure easy access for loading and unloading. This makes it particularly well-suited for uses such as a mechanical workshop, a distribution center, or a retail business requiring storage. Adding to its appeal, the property includes a fully fenced backyard, providing a secure and private outdoor area. Furthermore, an installed alarm system enhances the overall security of the premises, offering peace of mind to the owner and occupants. The property's prime corner location in Mesquite offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the community. The asking price is $199,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 1,016 SF
Lot 0.3 ac (13,200 SF)
Zoning code T4
APN 4-012-145-136-239
UPID US61-0112119
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Silva Family Investments LLC · 9 yrs held
Silva Family Investments LLC
since 2016
2 recorded transactions
2016
Price N/A
2004
Price N/A
Zoning & alternative use
T4 · Mesquite, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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