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    4605 Research Park Cir Las Cruces, NM 88001

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    For Sale
    $2,400,000

    Office building with long-term tenants in Arrowhead Research Park.

    Property size:
    15,589 SF
    Lot size:
    1.00 Acre

    Property Features for 4605 Research Park Cir

    General Information

    Size
    15,589 SF
    Lot size
    1.00 Acre

    Source: Colliers | Albuquerque Agent John Ransom CCIM, SIOR

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

    Overview

    Las Cruces Office Building For Sale

    This office building is located within New Mexico State University’s 257-acre Arrowhead Research Park, offering direct visual exposure and easy access to Interstate 25 and 10. The property features two State of New Mexico tenants with long-term leases. It has favorable ground lease terms with an initial term expiring on July 25, 2047, and three additional five-year options to extend. The site provides access to NMSU resources and strategic partners, creating opportunities for businesses to partner with NMSU in pursuit of grants and contracts. It also offers access to the Arrowhead Technology Incubator and the National Security Technology Incubator, along with an on-site world-class telecommunication network. The property contains 15,589 square feet.
    Location Intelligence

    Current Use by Public Records

    Spaceport America Corporate ... Aerospace Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.7429261
    Latitude
    32.2704313

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    FAQs

    What type of property is this?
    Office building - Office building with long-term tenants in Arrowhead Research Park.
    Where is this office building located?
    The property is located at 4605 Research Park Cir Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Two State of New Mexico tenants with long-term leases.; - Favorable ground lease terms expiring 7/25/2047, with three (3) additional five-year extension options.; - Located within NMSU’s Arrowhead Research Park with direct visual exposure and easy access to Interstate 25 and 10.
    (505) 259-6994
    Request Owner's contact information
    4605 Research Park Cir Las Cruces, NM 88001
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    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
    4605 Research Park Cir Las Cruces, NM 88001
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