24200 Stern Dr Anthony, NM 88021-9388
This exceptional 3-acre commercial property located at 24200 Stern Drive in Anthony, New Mexico, presents a compelling investment opportunity with significant potential for passive income or owner-occupancy. The property's flexible layout is ideal for multiple tenants, offering convenient, separately sized spaces that are highly attractive to a diverse range of businesses. Its strategic location provides unparalleled access to both El Paso and Las Cruces via Interstate 10 and Highway 404, connecting to East El Paso and Alamogordo. This prime location ensures high visibility and accessibility, maximizing exposure to a large customer base. The asking price is $1,495,000. The property's versatility makes it suitable for a variety of commercial uses, offering a strong return on investment for both passive investors and owner-operators seeking a strategic location with excellent connectivity. The substantial acreage allows for future expansion or development, further enhancing its long-term value. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing area with exceptional access to major transportation arteries. Schedule a viewing today to explore the possibilities this property offers.
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JR Truck and Trailer Auto Repair Shop
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TowerComm Association Or Organization
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
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Anthony, NMCosts & 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.