405 E Florida St, Deming, NM 88030

Choose nearby businesses to show on the map:

Building Details:

405 E Florida St is located in Deming, NM.

Located in Southwest New Mexico, this commercial office building of
5,100 sq.ft. is leased to USDA Service Center with 9 years remaining
on the lease and the New Mexico Environmental Department with 7
years remaining on the lease.
The subject property is located near major retailers, banks, city and
county offices and sits in a town and county with a population of
over 26,000.
Current annual expenses run approximately $17,500 giving a net
income of $48,000 annually.

ABOUT PROPERTY
• BUILDING SIZE: 5,100 sq.ft.
• LAND SIZE: 21,300 sq.ft.
• ZONING: Neighborhood Commercial
• EXPENSES: $17,500 (approximate)
• NET INCOME: $48,000
• CAP RATE: 11.25%