Las Cruces Commercial
5580 E Bataan Memorial Las Cruces, NM 88011
5580 E Bataan Memorial, Las Cruces, NM, 88011
$5,500,000
For Sale
$5,500,000
COMMERCIAL - Las Cruces, NM
Property Size30,037 SF
Lot Size18.61 Acres
Price / SF$183.11
Days on Market60
Property Features for 5580 E Bataan Memorial
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 4-011-130-348-090
- Size
- 30,037 SF
- Lot size
- 18.61 Acres
Taxes and HOA fees
- Tax Description
- S: 23 T: 22S R: 2E PT OF NEQTR
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Evaporative Cooling
- Water source
- Public
Building Details
- Flooring type
- Concrete
- Building materials
- Frame, Steel Siding, Stucco
- Roof type
- Metal
Listing agency
RE/MAX Classic Realty
(575) 524-8788
Listed by
Ernesto Uranga · License #39037
(575) 644-7254
Added: May 23 Updated: Jun 29 at 4:17PM Checked: Jul 21 at 9:06AM
MLS# 2601671
Copyright © 2026 Las Cruces Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Las Cruces, New Mexico, this commercial property spans 18.61 acres and features an ongoing indoor/outdoor swap meet business. The site includes frontage on interstate highway 70. There are two buildings, one measuring 9,000 square feet and the other 3,280 square feet, in addition to six farm utility shelters and canopies. The total rentable area is 30,037 square feet, including 17,757 square feet. City gas, city water, and electricity are available. This property is suitable for investors or developers. The land offers potential for a housing subdivision, commercial plaza, storage facility, or auctioneer business. The property is owner-operated.
Key Highlights
- 18.61‑acre property with frontage on Interstate Highway 70 in Las Cruces, NM
- Two site buildings totaling 17,757 SF: 9,000 SF and 3,280 SF, plus additional rentable space for 30,037 SF total
- Includes 6 farm utility shelters and canopies
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $378.5k | $12.60 |
| − Vacancy | −$30.3k | −$1.01 |
| EGI | $348.2k | $11.59 |
| − OpEx | −$104.5k | −$3.48 |
| NOI | $243.7k | $8.11 |
30,037 SF · lease $12.60/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.48M
$3.05M – $4.06M
NOI $243,732 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.26M
$4.60M – $6.13M
NOI $367,941 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - 18.61 acre commercial property with existing swap meet business.
Where is this retail property located?
The property is located at 5580 E Bataan Memorial Las Cruces, NM.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 18.61‑acre property with frontage on Interstate Highway 70 in Las Cruces, NM; Two site buildings totaling 17,757 SF: 9,000 SF and 3,280 SF, plus additional rentable space for 30,037 SF total; Includes 6 farm utility shelters and canopies
