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    For Sale (54)

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    Las Cruces Land with Pecan Trees
    $99,000
    0.76 Acres

    Las Cruces Land with Pecan Trees

    0.76 acre parcel with pecan trees in Mesilla Valley.

    Old River Rd, Las Cruces, NM 88005
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    Land with Mountain Views
    $129,900
    15.06 Acres

    Land with Mountain Views

    15.06 acres of land with 360-degree mountain views.

    Tasmania Ave, Las Cruces, NM 88012
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    Las Cruces Acre Lot
    $142,000
    1.00 Acre

    Las Cruces Acre Lot

    One-acre lot in Las Cruces with mountain views.

    5219 Angel Fire Pl, Las Cruces, NM 88011
    View details
    Land in Vado, New Mexico
    $135,000
    1.81 Acres

    Land in Vado, New Mexico

    1.81 acre lot zoned D2 with city utilities.

    89 Coors Rd, Vado, NM 88072
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    Las Cruces Commercial Land Available
    $500,000
    8.22 Acres

    Las Cruces Commercial Land Available

    8.22 acres of commercial land in Las Cruces, NM.

    7125 Jornada Rd N, Las Cruces, NM 88012
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    Land in Vado, New Mexico
    $135,000
    1.81 Acres

    Land in Vado, New Mexico

    1.81 acre lot zoned D2 with city utilities.

    83 Coors Rd, Vado, NM 88072
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    LAND - Las Cruces, NM
    $199,900
    6.27 Acres

    LAND - Las Cruces, NM

    Residential land & home lots • 6.27 Acres

    Hardrock Rd, Las Cruces, NM 88011
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    Land in Las Cruces, NM
    $100,000
    0.57 Acres

    Land in Las Cruces, NM

    Residential land available in Las Cruces, New Mexico.

    6744 Vista Del Reino, Las Cruces, NM 88007
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    Las Cruces Land For Sale
    $119,000
    0.91 Acres

    Las Cruces Land For Sale

    0.91 acre parcel in the Mesilla Valley.

    Egyptian St, Las Cruces, NM 88005
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    Land in Las Cruces, NM
    $133,500
    4.04 Acres

    Land in Las Cruces, NM

    4.04 acre lot zoned for house or mobile home.

    7563 El Centro Blvd, Las Cruces, NM 88012
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    Land For Sale, Las Cruces
    $120,000
    2.03 Acres

    Land For Sale, Las Cruces

    2 acres to build your dream home or set mobile home.

    7640 Kings Rd, Las Cruces, NM 88012
    View details
    Las Cruces Homesite with Solar
    $165,000
    1.00 Acre

    Las Cruces Homesite with Solar

    One-acre homesite with well, solar, and mountain views.

    4016 Old River Rd, Las Cruces, NM 88005
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    Hatch, NM Land Opportunity
    $485,190
    107.82 Acres

    Hatch, NM Land Opportunity

    107.82 acres in Hatch, NM with development potential.

    805 Spring Canyon Rd, Hatch, NM 87937
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    Lush Las Cruces Commercial Estate
    $849,000
    2.14 Acres

    Lush Las Cruces Commercial Estate

    2.14-acre estate with residential, commercial, and agricultural improvements.

    565 Carver Rd, Las Cruces, NM 88005
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    Commercial Land in Anthony, NM
    $75,000
    0.02 Acres

    Commercial Land in Anthony, NM

    Commercial land suitable for retail, office, or medical facility.

    1275 Anthony Dr, Anthony, NM 88021
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    Las Cruces Four-Plex Investment
    $1,350,000
    1,656 SF

    Las Cruces Four-Plex Investment

    Four luxury units near Sonoma Ranch Golf Course.

    1263 Mission Nuevo Dr, Las Cruces, NM 88011
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    Las Cruces Land For Sale
    $69,000
    1.00 Acre

    Las Cruces Land For Sale

    One acre lot suitable for residential development or mobile home.

    7636 Kings Rd, Las Cruces, NM 88012
    View details
    Las Cruces Land For Sale
    $69,000
    1.00 Acre

    Las Cruces Land For Sale

    One acre lot near schools with mountain views.

    7648 Kings Rd, Las Cruces, NM 88012
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    20 Acres Land with Views
    $95,000
    20.03 Acres

    20 Acres Land with Views

    20 acres of land ideal for ranch or country home.

    91 Santana Rd, Vado, NM 88072
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    Land in Chaparral, NM
    $85,000
    1.29 Acres

    Land in Chaparral, NM

    Over an acre, ready for manufactured homes near El Paso.

    656 Paloma Blanca Dr, Chaparral, NM 88081
    View details
    Las Cruces Commercial Land
    $229,000
    1.34 Acres

    Las Cruces Commercial Land

    Prime 1.34-acre commercial land in fast-growing East Mesa.

    5702 E Bataan Memorial, Las Cruces, NM 88011
    View details
    Vacant Land in Las Cruces
    $300,000
    9.75 Acres

    Vacant Land in Las Cruces

    9.75 acres of subdividable land with mountain views.

    Holman Rd, Las Cruces, NM 88012
    View details
    Commercial Lot in Downtown
    $79,000
    0.10 Acres

    Commercial Lot in Downtown

    Commercial lot ideal for retail, office, or apartment use.

    1995 N Solano Dr, Las Cruces, NM 88001
    View details
    Las Cruces Land For Sale
    $225,000
    40.00 Acres

    Las Cruces Land For Sale

    40 acres in East Mesa with access to utilities.

    7569 Rabbit Run Rd, Las Cruces, NM 88012
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    Land with Potential Utility Access
    $40,000
    2.71 Acres

    Land with Potential Utility Access

    2+ acre land near Alamogordo, NM, sold as-is.

    26 White Mountain Rd, Tularosa, NM 88352
    View details
    Residential Lot with City Views
    $69,900
    0.50 Acres

    Residential Lot with City Views

    Half-acre residential lot with city views in Las Cruces.

    Mescalero Trl, Las Cruces, NM 88012
    View details
    Deming, NM Commercial Building
    $224,648
    0.40 Acres

    Deming, NM Commercial Building

    Commercial building in Deming, NM, suitable for various uses.

    900 W Birch St, Deming, NM 88030
    View details
    Land in Chaparral, New Mexico
    $75,000
    1.08 Acres

    Land in Chaparral, New Mexico

    One-acre lot suitable for residential or mobile home use.

    2225 Green River Loop, Chaparral, NM 88081
    View details
    40 Acres Near State Land
    $175,000
    40.00 Acres

    40 Acres Near State Land

    40 acres in Las Cruces, bordering state land.

    36 Doubletree St, Las Cruces, NM 88012
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    Las Cruces Land For Sale
    $230,000
    3.29 Acres

    Las Cruces Land For Sale

    3.29 acres, R2 zoning, utilities available, easy access.

    5906 El Llano Rd, Las Cruces, NM 88012
    View details
    Sunland Park Commercial Land Parcel
    $3,049,200
    7.00 Acres

    Sunland Park Commercial Land Parcel

    7-acre commercial land near casino and Texas border.

    1705 Appaloosa Dr, Sunland Park, NM 88063
    View details
    Land in Las Cruces, NM
    $350,000
    5.00 Acres

    Land in Las Cruces, NM

    Five acres of land with utilities at street.

    5025 Saddle Mountain Rd, Las Cruces, NM 88012
    View details
    Las Cruces Commercial Land
    $925,000
    2.10 Acres

    Las Cruces Commercial Land

    2.1 acres of commercial land in Las Cruces, NM.

    3495 Bataan Memorial W, Las Cruces, NM 88012
    View details
    Anthony, NM Multifamily Opportunity
    $450,000
    2.75 Acres

    Anthony, NM Multifamily Opportunity

    Three apartment buildings, a house, and ample space on 2.75 acres.

    370 E Ohara Rd, Anthony, NM 88021
    View details
    Land in Las Cruces, NM
    $150,000
    5.01 Acres

    Land in Las Cruces, NM

    5.01 acre land parcel in Las Cruces, New Mexico.

    Summit Ln, Las Cruces, NM 88011
    View details
    Las Cruces Land For Sale
    $119,000
    0.91 Acres

    Las Cruces Land For Sale

    0.91 acre parcel in the heart of Mesilla Valley.

    Egyptian St, Las Cruces, NM 88005
    View details
    Las Cruces Land For Sale
    $115,000
    15.06 Acres

    Las Cruces Land For Sale

    15.06 acres with development potential in Las Cruces, NM.

    40 Tasmania Ave, Las Cruces, NM 88012
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    Las Cruces Land For Sale
    $199,000
    0.54 Acres

    Las Cruces Land For Sale

    Land in Dona Ana, New Mexico, with T4 zoning.

    375 Dusty Ln, Las Cruces, NM 88005
    View details
    Land with City Views
    $89,000
    2.20 Acres

    Land with City Views

    2.2 acres near Highway 70, close to amenities.

    755 Lonesome Rd, Las Cruces, NM 88005
    View details
    Las Cruces Improved Lot
    $125,000
    0.76 Acres

    Las Cruces Improved Lot

    0.76 acre lot ready for custom or mobile home.

    6784 Moongate Rd Unit, Las Cruces, NM 88012
    View details
    Half-Acre Lot with Mountain Views
    $120,000
    0.50 Acres

    Half-Acre Lot with Mountain Views

    Spacious lot near Radium Springs with utilities and metal building.

    11109 Francis Way, Las Cruces, NM 88007
    View details
    Land Ready To Go
    $115,000
    1.37 Acres

    Land Ready To Go

    1.37 acres of land perfect for a home site.

    4715 St Michaels Rd, Las Cruces, NM 88011
    View details
    Ruidoso Corner Lot For Sale
    $55,000
    0.34 Acres

    Ruidoso Corner Lot For Sale

    Spacious corner lot in White Mountain Meadows Subdivision.

    604 White Mountain Meadows Dr, Ruidoso, NM 88345
    View details
    Las Cruces Land For Sale
    $75,000
    1.00 Acre

    Las Cruces Land For Sale

    One acre lot suitable for building or mobile home.

    5047 Balsam Rd, Las Cruces, NM 88011
    View details
    Downtown Las Cruces Vacant Lot
    $35,000
    0.02 Acres

    Downtown Las Cruces Vacant Lot

    Residential lot in prime location near shopping and dining.

    1036 N Manzanita St, Las Cruces, NM 88001
    View details
    Ruidoso Vacant Lot For Sale
    $30,000
    0.16 Acres

    Ruidoso Vacant Lot For Sale

    Vacant lot in Ruidoso Pine Lodge Subdivision, ready for building.

    213 3Rd St, Ruidoso, NM 88345
    View details
    Las Cruces Commercial Land
    $621,000
    6.64 Acres

    Las Cruces Commercial Land

    6.64-acre commercial lot in rapidly expanding East Mesa area.

    5850 E Bataan Memorial, Las Cruces, NM 88011
    View details
    Las Cruces Land with Pecan Trees
    $99,000
    0.81 Acres

    Las Cruces Land with Pecan Trees

    0.81 acre parcel with pecan trees in Mesilla Valley.

    Old River Rd, Las Cruces, NM 88005
    View details
    Land in Future Expansion Area
    Contact for pricing

    Land in Future Expansion Area

    Over 2 acres of commercial land zoned C3c.

    3495 Bataan Mem W, Las Cruces, NM 88012
    View details
    Mobile Homes with Pecan Trees
    Contact for pricing

    Mobile Homes with Pecan Trees

    Two mobile homes on 0.89 acres with pecan trees.

    205 E San Miguel St, La Mesa, NM 88044
    View details
    40 Acres East Mesa Land
    Contact for pricing

    40 Acres East Mesa Land

    40 acres of land in East Mesa with utilities.

    7569 Rabbit Run Rd, Las Cruces, NM 88012
    View details
    40 Acres Bordering State Land
    Contact for pricing

    40 Acres Bordering State Land

    40 acres with mountain views, bordering state land.

    36 Doubletree St, Las Cruces, NM 88012
    View details
    East Mesa Commercial Land Available
    $950,000

    East Mesa Commercial Land Available

    7.97 acres of commercial land in a high-growth area.

    5850 Bataan Memorial E, Las Cruces, NM 88011
    View details
    Land in Housing Development
    $500,000

    Land in Housing Development

    8.22 acres ready for development with city utilities.

    7125 N Jornada Rd N, Las Cruces, NM 88012
    View details

    For Lease (2)

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    Las Cruces Quick-Lube Facility
    $3,000 / Mo
    1,742 SF

    Las Cruces Quick-Lube Facility

    2-bay quick-lube facility for lease in Las Cruces.

    2001 S Valley Dr, Las Cruces, NM 88005
    View details
    Prominent Shopping Center in Vicksburg
    $8 SF/Yr
    97,882 SF

    Prominent Shopping Center in Vicksburg

    High-visibility leasing opportunities in historic Vicksburg, Mississippi.

    4000 S Frontage Rd, Vicksburg, MS 39180
    View details

    Leases and Sales on Map

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    RE/MAX Classic Realty of Las Cruces
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX Classic Realty of Las Cruces
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