779 NM-181 - Office/Residential FOR SALE


Elephant Butte, NM 87935
$488,000 USD
505-639-1266
779 NM-181, Elephant Butte, NM for Sale
$488,000 USD
Office/Residential - FOR SALE
1/57
null | Request Cap Rate

779 NM-181
Elephant Butte, NM 87935


HIGHLIGHTS

  • Great Location
  • Office & Warehouse
  • ± 1 Acre
  • 4 buildings totalling +/-5,906 SF
  • Located 2.9 miles west of Marina Del Sur at the lake and 2 miles from I-25 interchange.
  • Excellent shop for automotive or woodworking hobbies or construction trades.

OVERVIEW

Office has porcelain tile throughout, full kitchen, ADA bathroom with plumbing to add a shower, 2 private offices and a conference room. The walls are beautifully textured. There is a washer dryer hook up and canister lighting as well. Shop with 8 foot clear height on both sides, 9'9" clear height in the center. Excellent shop for automotive or woodworking hobbies or construction trades. The property is fenced on a full acre with well 167 ft deep and septic (which was installed to code in 2017 but not permitted). Two sheds: 1,225 SF (11ft tall in the center and wired for electric) and 500 SF (divided into 2 sections with a selection of vintage postcards). Power provided by Sierra Electric for about $200 mo. There's a propane tank of 500 gallons which when full will last all year. Estimated cost of $1,600 to operate the water heater, etc. Located 2.9 miles west of Marina Del Sur at the lake and 2 miles from I-25 interchange.

FOR SALE DETAILS

PRICE

$488,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Live, Work, Play in Elephant Butte!

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

3021075254404

ASK ABOUT THIS PROPERTY

Coralee QuintanaeXp RealtyMore Info
505-639-1266

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Coralee QuintanaeXp RealtyMore Info
505-639-1266

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