1616 Pine St Artesia, NM 88210
This exceptional 6,000 square foot lot, located at 1616 N Pine Street in Artesia, New Mexico, presents a fantastic opportunity for various development projects. Situated on a desirable corner lot measuring approximately 120 feet by 50 feet, this property offers ample space for a wide range of uses. The lot is conveniently located in Eddy County, zip code 88210, and boasts existing utilities, simplifying the construction process. Ideal for those seeking to place a manufactured home, construct a shop building, or build a new residence, this property provides a blank canvas for your vision. The lot is fully enclosed by a sturdy metal fence, ensuring privacy and security. For added convenience, all existing structures and items within the fenced area will be removed prior to sale, leaving the lot completely clear and ready for immediate development. This is a rare opportunity to acquire a well-located, build-ready lot in Artesia at an attractive asking price of $27,500. Don't miss out on this chance to secure your ideal building site.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.