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    1253 El Paseo Rd Las Cruces, NM 88001

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    For Lease
    $12 SF/Yr ($1,750 /Mo)

    Grocery anchored retail center in high traffic area.

    Property size:
    1,750 SF
    Lot size:
    6.40 Acres

    Property Features for 1253 El Paseo Rd

    General Information

    Size
    1,750 SF
    Lot size
    6.40 Acres

    Source: NAI 1st Valley Realty Agent Stephanie Maddox

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

    Overview

    Retail Center Space For Rent

    This retail space is located in a grocery-anchored retail center with junior co-tenants including dd’s Discounts, Rent-A-Center, Dollar Tree, and Ross. The property is situated in a high-traffic area and offers excellent visibility. Nearby retailers include Arby’s, Circle K, Wendy’s, Walgreens, and Planet Fitness. The property offers 1750 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Brazito Plaza Business Center dd's DISCOUNTS Home Goods Store

    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

    Aluc, Solano Square

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.7705893
    Latitude
    32.2988534

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    FAQs

    What type of property is this?
    Shopping center - Grocery anchored retail center in high traffic area.
    Where is this shopping center located?
    The property is located at 1253 El Paseo Rd Las Cruces, NM.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Grocery anchored retail center; - Located in high traffic area; - Excellent visibility
    (575) 639-3504
    Request Owner's contact information
    1253 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
    1253 El Paseo Rd Las Cruces, NM 88001
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