811 S First Street

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811 S First Street

Artesia, NM 88210
Asking Price
Contact for price
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Versatile mixed-use building offering 4,553 square feet of space
  • Located at 811 S First Street in Artesia, New Mexico
  • Asset layout supports traditional office or administrative business functions
  • Positioned within the active economic landscape of the Permian Basin
  • Property available for purchase by investors or business occupiers

What's Special

Professional services or administrative operations find a functional environment within this 4,553 square foot mixed-use property. Situated at 811 S First Street in Artesia, New Mexico, the building provides a versatile layout suited for traditional office requirements. The structure aligns well with local business needs in a region recognized for its active industrial and energy-based economy. Artesia serves as a stable hub within the Permian Basin, supporting various commercial enterprises through its established infrastructure and connectivity along regional corridors. Owners can leverage this centrally located asset to accommodate corporate headquarters, regional field offices, or professional practice suites. The property presents an opportunity for investors or business owners to secure a foothold in a key Southeast New Mexico submarket, balancing accessibility with the functional requirements of modern day-to-day operations.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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