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    311 Southgate Ct Las Cruces, NM 88005

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    For Sale
    $2,000,000

    18,926 SF industrial warehouse on 1.68 AC lot.

    Property size:
    9,594 SF
    Lot size:
    1.37 Acres

    Property Features for 311 Southgate Ct

    General Information

    Size
    9,594 SF
    Lot size
    1.37 Acres

    Source: Cushman & Wakefield | PIRES International Agent Brett C. Preston, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Warehouse For Sale

    This industrial property, constructed in 2008, features a total building size of approximately 18,926 square feet situated on a lot of approximately 1.68 acres. The building has ceiling heights ranging from 16 to 22 feet and is equipped with refrigerated air conditioning provided by six 8-ton units throughout the space. Zoned M1, the property is located approximately 1.5 miles from Interstate 10. Currently, 50% of the property is leased through November 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marhefka Medical Group Medical Group Tom's Pest Control ... Pest Control Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    American Document Services, Lakeside Storage, Absolute Rentals, Twice the Space - Hadley

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.805953
    Latitude
    32.2980057

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    FAQs

    What type of property is this?
    Warehouse - 18,926 SF industrial warehouse on 1.68 AC lot.
    Where is this warehouse located?
    The property is located at 311 Southgate Ct Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - 50% leased through November 2026 providing immediate income.; - Refrigerated air throughout with (6) 8-ton units.; - Convenient location: ±1.5 miles from I-10.
    (915) 843-8888
    Request Owner's contact information
    311 Southgate Ct Las Cruces, NM 88005
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    Las Cruces, NM 88005
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    Realmo Value Estimation

    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.

    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.

    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
    311 Southgate Ct Las Cruces, NM 88005
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