1281 Riley WayChaparral, NM 88081
- Warehouses
- 1,200 SF
Property Details for 1281 Riley Way
- Year built
- 2005
- Lot size
- 1.94 AC
- Property size (Sq ft)
- 1,200 SF
- Property type
- Warehouses
- APN
- 16N4034155202381
- APU
- 16N4034155202381
Description
This exceptional 1,200-square-foot warehouse, built in 2005, presents a unique investment opportunity in Chaparral, New Mexico. Situated on a fully cleared and fenced 1.93-acre lot, this single-story metal building boasts a 12-foot ceiling (higher in the vaulted area), a 10x12-foot roll-up door, and ample parking. The property includes a bathroom and is conveniently located off US-54 Highway, offering easy access to the New Mexico-Texas state line, El Paso International Airport, and El Paso's downtown area. The asking price is $235,000, translating to $195.83 per square foot. Existing infrastructure includes septic, water, and electrical services. The building's dimensions are approximately 30 feet by 40 feet. This prime location and versatile space offer significant potential for various commercial ventures. The property's address is 1281 Riley Way, Chaparral, NM 88081, in Otero County. This is an ideal opportunity for businesses seeking a well-maintained warehouse in a strategic location with convenient access to major transportation routes.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $136,096
- Hospitality
- $124,663
- Educational
- $103,718
- Medical
- $107,285
- Retail
- $161,339
Location Insight
- City
- Chaparral
- County
- Otero
- State
- New Mexico
- Latitude
- 32.0126
- Longitude
- -106.32
- CBSA code
- 10460
- CBSA name
- ALAMOGORDO, NM MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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