12420 Highway 478 Mesquite, NM 75149
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
T4 · Mesquite, NMMesquite. Always verify with local authorities before improvements.
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.