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    1400 El Paseo Rd Las Cruces, NM 88001

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    For Sale
    $1,300,000

    Versatile property with medical, gym, and training space.

    Property size:
    10,727 SF
    Lot size:
    0.63 Acres

    Property Features for 1400 El Paseo Rd

    General Information

    Size
    10,727 SF
    Lot size
    0.63 Acres

    Source: Steinborn/TCN Commercial Real Estate Agent Kary Bulsterbaum

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

    Overview

    Unique Mixed-Use Facility For Sale

    This unique compound features multiple potential uses. The primary occupant is a podiatry practice that has converted the front portion of the main building into a medical layout. This area includes a front lobby and waiting area, multiple exam rooms, private offices, storage, and break areas. The back portion of the main building is currently used as a gym, featuring open areas for strength and conditioning training. This area could also be used for other forms of physical therapy. The location also includes two exterior buildings, measuring 2914 square feet and 1536 square feet, that are mostly open in layout. These buildings can be used for a variety of functions, including classroom space and additional training or therapy space. The property offers flexibility for various services. The building size is 10727 square feet and is located in Las Cruces, NM.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    One More Rep Gym Dr. Mullan Robert, ... Podiatrist Dr. Thomas Chambers, ... Podiatrist Dr. Mullan and Dr. ... Podiatrist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Castro Cristina DVM, Baumann Alice DVM, Schukei Terry DVM, Matanis M Linda DVM

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.7703682
    Latitude
    32.2958985

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    FAQs

    What type of property is this?
    Medical office - Versatile property with medical, gym, and training space.
    Where is this medical office located?
    The property is located at 1400 El Paseo Rd Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Established medical space with lobby, exam rooms, offices, and storage.; - Large gym/training area suitable for physical therapy or fitness.; - Two additional buildings (2914 SQFT and 1536 SQFT) for flexible use.
    (575) 639-1208
    Request Owner's contact information
    1400 El Paseo Rd Las Cruces, NM 88001
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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
    1400 El Paseo Rd Las Cruces, NM 88001
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