www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31088406
31088407

812 Angelina Blvd, Chaparral, NM 88081

RU
CO EA.100034192, NM REC-2023-0318
eXp Realty, LLC Albuquerque
Listed by eXp Realty, LLC Albuquerque
$389,999
84 days on market
Updated 12 days ago
Earnest Money Deposit: $10,000 min
Note/Loan

Cannabis or Any Use Warehouse | 4,000 SF | Chaparral NM

Loan Details
Property Type Industrial, Mixed Use (+1)
Sub Type Distribution, Manufacturing (+1)
Loan Status Performing
Current UPB $250,000
Lien Position First
Units 1
Year Built 2025

Strategic Cannabis Cultivation Investment | Established Operator | High Upside

Marketing description

This is a rare opportunity to invest in a near-complete cannabis cultivation facility positioned for rapid operational launch in the growing New Mexico market.

The project is partnered with a highly experienced cannabis cultivator from Colorado, bringing over 20 years of proven success, operational systems, and industry expertise.

Rare commercial investment opportunity in Chaparral, New Mexico! This approximately 4,000 sq ft warehouse shell sits on just over 1 acre and was originally designed for a cannabis cultivation and dispensary operation. The property offers a strong foundation for investors seeking a cannabis grow facility, commercial warehouse, agricultural processing space, or specialty industrial use in the rapidly growing Southern New Mexico cannabis market.

Important note: The cannabis license originally associated with the project cannot be sold or transferred, and is not included in the sale. However, this creates a unique opportunity for buyers who already hold a license or are pursuing their own licensing.

Ownership is offering Three potential opportunities:

Purchase the land and structure outright for the full sales price, or

*$200,000 investment in exchange for 10% equity ownership to finalize construction and bring the project online. The asset includes land, approved plans, and major infrastructure already in place—significantly reducing development risk and timeline to revenue.

Provide a $200,000 short-term construction note to complete the buildout and participate as a lender in the project.

With its large lot size, approved plans, installed utilities, and warehouse footprint, this property is ideal for cannabis cultivation, dispensary operations, commercial warehouse use, agricultural processing, or specialty industrial development.

Located in Chaparral, NM, a strategic area near the Texas–New Mexico border, offering convenient access to El Paso, Sunland Park, and Southern New Mexico markets.

Opportunities like this—with acreage, infrastructure already installed, and cannabis-ready design—are increasingly rare.

Investment highlights

Near-complete cannabis cultivation facility.

Strategic $200K investment for 10% ownership.

Partnership with 20+ year experienced cultivator (Colorado market).

Approved plans and infrastructure in place.

Accelerated path to revenue vs. ground-up development.

Located in a cannabis-friendly market with strong growth potential.

Opportunity for scaling production and future expansion.

Listing Contacts

RU
CO EA.100034192, NM REC-2023-0318
eXp Realty, LLC Albuquerque
Listed by eXp Realty, LLC Albuquerque

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591