1709 1St St Artesia, NM 88210
This exceptional 23,522.4 square foot lot presents a unique investment opportunity in Artesia, New Mexico. Located at 1709 N First Street, this property boasts both highway frontage and convenient city street access, providing excellent visibility and accessibility. The lot is entirely fenced, offering security and defining its boundaries. The property's strategic location ensures proximity to essential utilities, with water and sewer lines readily available nearby, simplifying development plans. Situated in Eddy County, New Mexico, with a zip code of 88210, this parcel is ideally positioned for a variety of commercial or industrial ventures. The asking price for this remarkable land parcel is $100,000. Given its size, location, and accessibility, this property represents a compelling investment opportunity for those seeking a well-situated and readily developable site in Artesia. The coordinates are 32.858987 latitude and -104.399465 longitude. This is a rare chance to acquire a sizable, fully fenced lot with excellent access in a growing New Mexico community.
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
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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.