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    195 N Mesquite St Las Cruces, NM 88001

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    For Sale
    $475,000

    Profitable restaurant with real estate, equipment included in sale.

    Property size:
    1,971 SF
    Lot size:
    0.45 Acres

    Property Features for 195 N Mesquite St

    General Information

    Size
    1,971 SF
    Lot size
    0.45 Acres

    Source: Steinborn/TCN Commercial Real Estate Agent Jacob Garland

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

    Overview

    Established Restaurant Business For Sale

    La Nueva Casita Café is now for sale, including the business, equipment, and real estate. The owners will consider owner financing with a substantial down payment. Note that the outside sheds are negotiable, and the Alto-Shaam electric oven does not convey. The property is a 1971 square foot restaurant. Financials and additional details are available upon request. This restaurant has been recognized as the #1 best restaurant in Las Cruces on TripAdvisor, Google, and Yelp. It was also voted 2nd best menudo in the world by TasteAtlas. The property is located at 195 N Mesquite St, Las Cruces, NM. Please schedule a showing and do not disturb employees.
    Insight Report Location Intelligence

    Current Use by Public Records

    La Nueva Casita ... Mexican Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    La Nueva Casita Café, Poki Poke Bowl + Smoothies

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.7740535
    Latitude
    32.3112402

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    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant with real estate, equipment included in sale.
    Where is this restaurant located?
    The property is located at 195 N Mesquite St Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Includes business, equipment, and real estate.; - Owner financing is an option with a large down payment.; - Voted #1 restaurant in Las Cruces on TripAdvisor, Google, and Yelp.
    (575) 202-0429
    Request Owner's contact information
    195 N Mesquite St 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
    195 N Mesquite St Las Cruces, NM 88001
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