Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    Ernesto Uranga, Las Cruces, NM

    License ID: 39037
    Years of Experience
    19
    Languages
    English, Spanish

    Service Locations

    Contact details

    Phone:
    (575) 644-7254
    Office Address:
    2805 Doral Ct., Las Cruces, NM 88011

    Property Types

    • Commercial Sale
    • Land
    • Residential Multi Family

    Performance

    Listings
    27
    Price range
    $39k - 395k
    Average price
    $217k

    Listings

    For Sale (26)

    View map
    • $59,500
      Pending

      Las Cruces Vacant Downtown Lot

      Vacant lot ready for development in Las Cruces, NM.
      1245 W Van Patten St, Las Cruces, NM 88001
      View Details
    • $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
    • $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
      View Details
    • $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
      View Details
    • $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
      View Details
    • $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
      View Details
    • $75,000
      1.00 Acre

      Las Cruces Land For Sale

      One acre lot suitable for building or mobile home.
      7648 Kings Rd, Las Cruces, NM 88012
      View Details
    • $125,000
      2.03 Acres

      Land in Las Cruces, NM

      Two acre lot suitable for residential development near Highway 70.
      7640 Kings Rd, Las Cruces, NM 88012
      View Details
    • $75,000
      1.00 Acre

      Las Cruces Land For Sale

      One acre lot near schools and Highway 70.
      7636 Kings Rd, Las Cruces, NM 88012
      View Details
    • $79,000
      0.10 Acres

      Downtown Las Cruces Commercial Lot

      Small lot ideal for retail, office, or apartment use.
      1995 N Solano Dr, Las Cruces, NM 88001
      View Details
    • $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
      View Details
    • $250,000
      3.29 Acres

      Las Cruces Multifamily Land

      3.29 acres, R2 zoning, utilities available, easy access to I-25.
      5906 El Llano Rd, Las Cruces, NM 88012
      View Details
    • $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
      View Details
    • $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
      View Details
    • $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
    • $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
    • $249,000

      La Mesa NM Multifamily Investment

      Two Mobile Home Rental Portfolio, $249K
      205 San Miguel St, La Mesa, NM 88044
      View Details
    • $69,000
      0.24 Acres

      Las Cruces Multifamily Land Investment

      0.24-Acre R2 Zoned Lot, Great Potential
      1245 Van Patten Ave, Las Cruces, NM 88005
      View Details
    • $125,000
      2.03 Acres

      Las Cruces Land: Build Your Dream Home

      2.03 Acres, Mountain Views, Near Schools
      7640 Kings Rd, Las Cruces, NM 88012
      View Details
    • $250,000
      3.29 Acres

      Las Cruces Multifamily Land Investment

      3.29 Acres, R2 Zoning, Prime Location
      5906 El Llano Rd, Las Cruces, NM 88012
      View Details
    • $195,000
      40.00 Acres

      40 Acres East Mesa, Las Cruces

      Prime 40-acre lot; build your dream ranch.
      7569 Rabbit Run Rd, Las Cruces, NM 88012
      View Details
    • $75,000
      1.08 Acres

      Chaparral Land: Build Your Dream Home

      One-acre lot, build home or mobile home.
      2225 Green River Loop, Chaparral, NM 88081
      View Details
    • $75,000
      1.00 Acre

      Las Cruces Acre - Build Your Dream!

      One-acre residential lot, stunning mountain views.
      7648 Kings Rd, Las Cruces, NM 88012
      View Details
    • $75,000
      1.00 Acre

      Las Cruces Land: Build Your Dream!

      One-acre residential lot, prime location.
      7636 Kings Rd, Las Cruces, NM 88012
      View Details
    • $89,000
      2.20 Acres

      Las Cruces Land: 2.2 Acres

      Build your dream home with city views.
      755 Lonesome Rd, Las Cruces, NM 88007
      View Details
    • $175,000
      40.00 Acres

      40 Acres Las Cruces Land Investment

      Prime 40-acre undeveloped land, stunning mountain views.
      36 Doubletree St, Las Cruces, NM 88012
      View Details

    For Lease (1)

    View map
    • $3,000 /Mo
      2,178 SF

      Commercial Space in Anthony, NM

      2000 SF commercial space with office and conference rooms.
      1275 6, Anthony, NM 88021
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    Web Page
    View other agents
    in the same area
    Request Owner's contact information
    Ernesto Uranga, Las Cruces, NM
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    Send Message to
    Ernesto Uranga, Las Cruces, NM
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    (575) 644-7254
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.