Multi-Use Flex Office
1150 East Berino Road Mesquite, NM 88048
1150 East Berino Road, Mesquite, NM, 88048
Contact for pricing
For Sale
Contact for pricing
Secure reception and ADA-compliant administrative offices on a fenced, gated parcel with ample yard space.
Property Size1,468 SF
Lot Size1.00 Acre
Price / SF$262.26
Days on Market9
Property Features for 1150 East Berino Road
General Information
- Standard status
- Active
- Size
- 1,468 SF
- Lot size
- 1.00 Acre
- Property subtype
- Office, Industrial, Mixed Use
Building Details
- Year Built
- 2004
Listing agency
RE/MAX Classic Realty
(575) 524-8788
Listed by
Eugene Heathman · License #NM #19925
Source
Crexi
Added: Jul 15 Updated: Jul 22 at 6:01PM Checked: Jul 22 at 6:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Classic Realty
Investment Insights
Based on property information with market context.
This well appointed multi use commercial building is situated on a completed fenced and gated one acre parcel. Interior features include a secure reception area and ADA compliant administrative office space. The property’s configuration also provides ample yard space suited for a variety of operational needs.
Located in an agricultural and commercial district in Berino, NM, the site is positioned south of Las Cruces and north of Anthony, NM along East Berino Road. The setting supports a range of practical possibilities described for the property, including use by construction companies, agricultural services, a rural health clinic, and a community center.
Overall, the building offers administrative office improvements paired with outdoor yard space on a secure, enclosed parcel.
Located in an agricultural and commercial district in Berino, NM, the site is positioned south of Las Cruces and north of Anthony, NM along East Berino Road. The setting supports a range of practical possibilities described for the property, including use by construction companies, agricultural services, a rural health clinic, and a community center.
Overall, the building offers administrative office improvements paired with outdoor yard space on a secure, enclosed parcel.
Key Highlights
- 2004‑built multi‑use commercial building with secure reception area
- ADA‑compliant administrative office space
- Located on a completed fenced and gated 1‑acre parcel
Local Financial Insights For Healthcare Medical
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 | $26.4k | $18.00 |
| − Vacancy | −$2.2k | −$1.53 |
| EGI | $24.2k | $16.47 |
| − OpEx | −$9.7k | −$6.59 |
| NOI | $14.5k | $9.88 |
1,468 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$207.2K
$181.3K – $241.8K
NOI $14,507 @ 7.0% cap · market cap 3.77%
Second Best
Office B
$185.6K
$162.4K – $216.5K
NOI $12,991 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$256.9K
$224.8K – $299.7K
NOI $17,982 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Secure reception and ADA-compliant administrative offices on a fenced, gated parcel with ample yard space.
Where is this office units located?
The property is located at 1150 East Berino Road Mesquite, NM.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2004‑built multi‑use commercial building with secure reception area; ADA‑compliant administrative office space; Located on a completed fenced and gated 1‑acre parcel
