404 Richey Ave Artesia, NM 88210
This exceptional Artesia, NM property, located at 404 W Richey Avenue, offers a unique blend of warehouse and office space, ideal for a variety of businesses. The 10,250 square foot building sits on a 1.17-acre lot (APN: 4152097323509) and features a spacious 4,025 square foot office area. The office space includes seven private offices, a large open bullpen area, a conference room, and a convenient kitchen with a service window to the foyer. Men's and women's ADA-compliant restrooms are also provided. The warehouse boasts impressive features including 20-foot wall height, four 12' x 18' overhead electric doors with two pull-through bays, and a fire suppression system for enhanced safety. The warehouse is insulated and heated with natural gas. The entire 1.17-acre property is fenced and offers gated access for added security. This single-tenant property is offered for a three-year NNN lease. The property is located in Artesia, NM, zip code 88210, and is readily accessible. This is a prime opportunity for a business seeking a functional and well-equipped space in a convenient location. Contact us today to schedule a viewing and learn more about this exceptional property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.