- REDUCED PRICE

32,032 SF | Vacant | Industrial Building | Sunland Park, NM 88063 | $1,799,000 ($56/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,799,000

Property Type
Industrial
Price / Square Foot
$56

Listing Contacts

Gustavo Andazola
Gustavo Andazola
Verified Profile
  • Property Info

Property Overview

240 Derby Road is a 32,032-square-foot industrial building in Sunland Park, New Mexico. Constructed in 1983, the warehouse has varying roof levels. The right and left roofs start at 10 feet, then peak at 12.5 feet. The center roof begins at 24 feet and then peaks at 26 feet. Building specifications include insulated metal ceilings and walls, 15 large roll-up doors, loading docks, and active solar panels on the roof. This property also features 2,000 to 2,400 square feet of office space with private offices, a break room with a small kitchenette, and newly remodeled restrooms.

Sunland Park is a quaint desert town along the borders of New Mexico, Texas, and Mexico. 240 Derby Road is in the desired entertainment district of Sunland, adjacent to the Sunland Park Racetrack & Casino and the Western Playland. It is situated 1.5 miles away from Interstate 10, providing users direct access to El Paso, Phoenix, Los Angeles, San Antonio, and Houston. Connecting to international markets is seamless, as the El Paso International Airport lies 14.8 miles from the property.

Owner/occupants, tenants, and investors will find that 240 Derby Road is a one-of-a-kind destination ready to provide an equipped warehouse in a scenic border city. 240 Derby Road is perfect for those searching for property in an opportunity zone. Bring offers: the seller is motivated to take 240 Derby Road off the market.

Property Details

Class
C
Year Built
1983
Stories
1
Property Subtype
Distribution
Lot Size (sq. ft)
77,537 SF

Highlights

  • Invest in 240 Derby Road, a 32,032-square-foot vacant metal warehouse with active solar panels and up to 2,400 square feet of fully built-out office.
  • Surrounding properties are developed with industrial uses, though the area is transitioning to higher-density commercial developments.
  • Find a range of clear heights from 10 to 26 feet, a loading dock, 15 grade-level doors, six garage spaces, solar panels, and refrigerated HVAC.
  • In one of the safest and fastest-growing border cities, increasing at an 8% rate since 2020 due to its mountain scenery and entertainment options.
  • 240 Derby Road is in proximity to Interstate 10, the ELP International Airport, Downtown El Paso, and the New Mexico, Mexico, and Texas borders..

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