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Property profile & analytics
OFF-MARKET
Commercial real estate

507 26Th St Artesia, NM 88210

3.87 ac lot
Property ID
US61-1307073
Property summary
AI-generated overview

This exceptional 3.87-acre commercial land parcel presents a unique investment opportunity in Artesia, New Mexico. Strategically located directly across the street from a Walmart Supercenter, this property boasts unparalleled visibility and accessibility, ensuring high traffic flow and significant potential for a wide range of commercial ventures. The land is already annexed into the city of Artesia, simplifying the development process and eliminating potential zoning hurdles. With its expansive size and prime location, this property is ideal for a variety of uses, including retail, restaurants, light industrial, or other commercial developments. The asking price of $425,000 reflects the exceptional value and potential return on investment this property offers. Its location in Eddy County, New Mexico, and its proximity to major retail anchors make it an attractive proposition for businesses seeking a high-traffic location with strong visibility. The property's address is 507 N 26th St. Street, Artesia, NM 88210. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving New Mexico community. The coordinates are 32.8470083 latitude and -104.4303239 longitude.

Property profile
Verified
Property type Commercial real estate
Lot 3.87 ac (168,577 SF)
UPID US61-1307073
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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