515 Centre Ave Artesia, NM 88210-2716
This exceptional commercial property, located at 515 W Centre Avenue in Artesia, New Mexico, presents a unique investment opportunity. The property consists of a 50 square foot lot zoned for commercial use, offering significant potential for development or expansion. Situated in Eddy County, with a zip code of 88210-2716, this land parcel enjoys a convenient location within the city of Artesia. The asking price for this property is $135,000. Given its size and location, this property is well-suited for a variety of commercial uses, making it an attractive option for entrepreneurs and investors alike. The property's address is easily accessible, providing excellent visibility and convenient access for clients and employees. This is a rare opportunity to acquire a commercial lot in a thriving New Mexico community. The property is ready for immediate development, allowing for quick returns on investment. Serious inquiries are encouraged to explore the possibilities this prime location offers. Further details are available upon request.
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Hermosa Dr Church-Christ Outreach Church Mosque
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
Similar Nearby for Sale
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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.