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    505 Venture Dr Las Cruces, NM 88007

    For Sale
    $3,900,000

    45,050 SF industrial warehouse in Las Cruces Innovation Park.

    Property size:
    45,053 SF
    Lot size:
    15.00 Acres

    Property Features for 505 Venture Dr

    General Information

    Size
    45,053 SF
    Lot size
    15.00 Acres

    Source: NAI 1st Valley Realty Agent Jacob Slavec

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

    Overview

    Las Cruces Industrial Warehouse

    This steel building, constructed in 2009, offers 45,050 square feet of space. It is strategically located in the Las Cruces Innovation & Industrial Park, approximately 0.5 miles from I-10 and Highway 70, with convenient access to I-25. The property features a 2500 KVA transformer and HVAC in the office area. The warehouse includes four drive-through roll-up doors on both the north and south sides. It is also approximately 50 miles from the San Jeronimo / Santa Teresa Port of Entry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Liberty Engineered Wire ... Steel Fabricator

    Map

    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.921536
    Latitude
    32.260319

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    FAQs

    What type of property is this?
    Warehouse - 45,050 SF industrial warehouse in Las Cruces Innovation Park.
    Where is this warehouse located?
    The property is located at 505 Venture Dr Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Strategic location in Las Cruces Innovation & Industrial Park with easy access to I-10, Highway 70, and I-25.; - Substantial 45,050 sq.ft. steel building constructed in 2009.; - High-capacity 2500 KVA Transformer.
    (575) 644-8529
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    505 Venture Dr Las Cruces, NM 88007
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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
    505 Venture Dr Las Cruces, NM 88007
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