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405 E Florida St 5,168 SF Office Building Deming, NM 88030 $680,696 CAD ($131.71 CAD/SF) 8.29% Cap Rate

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Investment Highlights

  • Stabel Government Tenant
  • Ideal for Investor, or Owner-Occupant With Additional Income
  • Central Location
  • Value Add Opportunity ByLeasing Vacant Space
  • Covered Parking
  • New HVAC

Executive Summary

This office building offers an opportunity for an investor to acquire a property with a strong government lease in place and additional vacant space to maximize cash flow.
The building consists of three suites and totals 5,168 SF. Currently, 3,849 is leased, while 1,176 SF is vacant. The vacant space presents an excellent opportunity to be leased, improving cash flow.
The building is in good condition and offers covered parking, easy access to local amenities, and is located in a highly accessible area of Deming.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,168 SF
Building Class
C
Year Built
1989
Price
$680,696 CAD
Price Per SF
$131.71 CAD
Cap Rate
8.29%
NOI
$56,450 CAD
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,168 SF
Building FAR
0.24
Lot Size
0.49 AC
Zoning
Neighborhood Commercial - Commercial, Office, Healthcare, Government.

Amenities

  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Public Administration
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

The USDA Natural Resources Conservation Service has helped people make investments in their operations and local communities to keep working lands working, boost rural economies, increase the competitiveness of American agriculture, and improve the quality of their air, water, soil, and habitat. As the USDA’s primary private lands conservation agency, they generate, manage, and share the data, technology, and standards that enable partners and policymakers to make decisions informed by objective, reliable science. And through one-on-one, personalized advice, they work voluntarily with producers and communities to find the best solutions to meet their unique conservation and business goals. By doing so, they help address climate change and ensure the long-term sustainability of American agriculture. They’re also focused on the American farmer, especially those underserved by their programs as well as those trying to break into new markets, like organics.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Public Administration 99,999 SF $9.99 Lorem Ipsum Jan 0000

Property Taxes

Property Taxes

Parcel Number
3051138036522
Land Assessment
$38,606 CAD (2025)
Improvements Assessment
$144,048 CAD (2025)
Total Assessment
$182,654 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 35249724

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 405 E Florida St, Deming, NM 88030

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