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Property profile & analytics
OFF-MARKET
Commercial real estate

1616 Pine St Artesia, NM 88210

Property ID
US61-0482985
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US61-0482985
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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