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Property profile & analytics
OFF-MARKET
Distribution centers

404 Richey Ave Artesia, NM 88210

Property ID
US61-0922043
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
UPID US61-0922043
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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