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    OFF-MARKET
    Warehouses

    1281 Riley Way, Chaparral, NM 88081-7520

    1,200 SF 1.94 ac lot Built 2005
    Individually Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US61-0498648
    Property summary
    AI-generated overview

    This exceptional 1,200-square-foot warehouse, built in 2005, presents a unique investment opportunity in Chaparral, New Mexico. Situated on a fully cleared and fenced 1.93-acre lot, this single-story metal building boasts a 12-foot ceiling (higher in the vaulted area), a 10x12-foot roll-up door, and ample parking. The property includes a bathroom and is conveniently located off US-54 Highway, offering easy access to the New Mexico-Texas state line, El Paso International Airport, and El Paso's downtown area. The asking price is $235,000, translating to $195.83 per square foot. Existing infrastructure includes septic, water, and electrical services. The building's dimensions are approximately 30 feet by 40 feet. This prime location and versatile space offer significant potential for various commercial ventures. The property's address is 1281 Riley Way, Chaparral, NM 88081, in Otero County. This is an ideal opportunity for businesses seeking a well-maintained warehouse in a strategic location with convenient access to major transportation routes.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2005
    Total area 1,200 SF
    Lot 1.94 ac (84,419 SF)
    APN 16N4034155202381
    UPID US61-0498648
    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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    by Request
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    Owner & transaction history
    Guadalupe Masso · 5 yrs held
    Guadalupe Masso
    since 2021
    3 recorded transactions
    2021
    $100,000
    2019
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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