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22704674
22704673

612-712 E Mill, Artesia, NM 88211

KB
NM 20308
CORE Realty Group
Listed by CORE Realty Group
$2,350,000
448 days on market
Updated 7 days ago

612-712 E Mill

Details
APN 4153097149032
Property Type Industrial, Office (+1)
Sub Type Warehouse, Traditional Office (+3)
Square Footage 14,500
Year Built 2011
Acreage 38.610

Industrial | 14,500 SqFt

Marketing description

Encompassing 38.61 acres, this institutional-quality asset presents a rare opportunity to acquire a diversified commercial and industrial property with immediate income potential and long-term upside. The property features a strategic blend of office, industrial, and commercial space, including expansive shop facilities, functional operational infrastructure, and versatile acreage capable of supporting a wide range of business and investment strategies. Positioned for efficiency and scalability, the asset benefits from established access via easement, along with fully integrated municipal utilities including city water and sewer. Significant existing infrastructure reduces future development costs while enhancing operational readiness for owner-users, tenants, or industrial operators. Offered at an attractive 10% cap rate, the property delivers compelling in-place returns while also presenting substantial value-add and expansion potential. Its flexible configuration and extensive acreage create opportunities for additional development, multi-tenant income generation, logistics operations, industrial services, or long-term hold strategies in a growing commercial market. This is a high-yield investment opportunity combining stable cash flow, infrastructure-backed functionality, and scalable land value—well suited for investors seeking both immediate returns and future appreciation potential.
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Listing Contacts

KB
NM 20308
CORE Realty Group
Listed by CORE Realty Group

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Additional Information

Name
Kali Brown
License
20308
Brokerage
Core Realty Group
Title
Realtor
Brokerage Address
3325 North Enterprise Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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