For Sale
$500,000

402 Rock Cyn RdElephant Butte, NM 87935

Mixed-use Office/Warehouse, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Elephant Butte commercial property, located at 402 Rock Canyon Road, presents a unique investment opportunity. The property encompasses a total of 9,182 square feet, distributed across two single-story buildings constructed in 1984, situated on a 0.8-acre lot. The property features a blend of office and warehouse space, ideal for a variety of businesses. The main building boasts a sizable office area, upstairs storage, a dedicated supply room, vehicle bays, and a smaller attached office with its own bathroom and exterior access. Adding to its functionality are covered storage units and covered carport spaces located behind the main structure. The warehouse component includes five dock-high doors, facilitating efficient loading and unloading. The net rentable area is 2,500 square feet, with an asking price of $500,000, translating to a price per square foot of $54.45. The property's prominent location on Rock Canyon Road ensures high visibility and easy accessibility, further enhanced by two wide gates allowing for convenient pull-through access. The property's APN is 3020073409482. This versatile property offers a compelling combination of office and warehouse space, making it an attractive option for businesses seeking a functional and strategically located base of operations in Elephant Butte, New Mexico, zip code 87935.

Highlights

  • $500,000 asking price for a mixed-use property.
  • 9,182 total square feet, with 2,500 square feet of net rentable space.
  • $54.45 price per square foot.
  • 0.00% cap rate.
  • 1984 year built, two buildings, one story each.
  • 0.8-acre lot size in Elephant Butte, NM.

Property Details for 402 Rock Cyn Rd

Property type
Warehouses, Office properties
Square Feet
9,182 SF
Year Built
1984
Buildings
2
Stories
1
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Elephant Butte
County
Sierra
State
New Mexico
Latitude
33.202524
Longitude
-107.2266988
402 Rock Cyn Rd, Elephant Butte, New Mexico

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402 Rock Cyn Rd
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