1351 Motel Dr - Service FOR SALE


Milan, NM 87021
$2,600,000 USD
505-287-8622
1351 Motel Dr, Milan, NM for Sale
$2,600,000 USD
Service - FOR SALE
1/15
null | Request Cap Rate

1351 Motel Dr
Milan, NM 87021


HIGHLIGHTS

  • Positioned on a 5-acre parcel with a paved front and rear yard for optimal vehicle maneuverability.
  • Equipped with four grade-level drive-in doors to accommodate large trucks and service vehicles.
  • Includes an upstairs office and department room for administrative and operational functions.
  • Located in Milan, NM, with convenient access to regional transportation corridors.
  • Located near major truck stops, including Love’s Travel Stop, providing consistent traffic and service demand.

OVERVIEW

This industrial property at 1351 Motel Dr in Milan, New Mexico, presents a compelling opportunity for investors or owner-users seeking a fully leased, income-producing asset in a strategic location. The building spans 9,300 square feet and sits on a 5-acre lot, offering ample space for operations and future growth. Constructed in 1992, the facility is designed for heavy-duty service use, featuring four grade-level drive-in doors that accommodate large vehicle access and repair functions. The property includes an upstairs office and department room, providing functional administrative space to support operational needs. Both the front and rear areas are paved, ensuring efficient vehicle movement and parking. Its location in Milan offers convenient access to major transportation routes, making it an attractive hub for logistics, trucking, and service-based businesses. Currently priced at $2,600,000, this asset combines operational utility with investment stability. Whether for continued lease income or as a base for an owner-occupied business, the property’s layout and infrastructure support a wide range of industrial applications.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Baker Diesel

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5

LAND SF

217,800

ZONING

M-1

APN/PARCEL ID

R19644

ASK ABOUT THIS PROPERTY

Jesse 'Bo' BakerBaker DieselMore Info
505-287-8622

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jesse 'Bo' BakerBaker DieselMore Info
505-287-8622

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.