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    855 Tres Amigos Rd Las Cruces, NM 88007

    For Sale
    $340,000

    Versatile commercial building in Radium Springs undergoing transformation.

    Property size:
    4,000 SF
    Lot size:
    1.55 Acres

    Property Features for 855 Tres Amigos Rd

    General Information

    Size
    4,000 SF
    Lot size
    1.55 Acres

    Source: Steinborn/TCN Commercial Real Estate Agent Crystal McCaslin

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

    Overview

    Radium Springs Commercial Building Opportunity

    This commercial building is located in Radium Springs on a 1.55-acre lot adjacent to Leasburg Park. The 4,000-square-foot property is undergoing a transformative journey into a dynamic space that was designed to house a cutting-edge laundromat and a vibrant restaurant. The unfinished interior leaves ample room to create your own business dream and shape a vibrant and thriving business in the heart of a growing community. This property presents an opportunity to meet and exceed the expectations of Radium Springs residents and visitors.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Dental Office Auto Repair Shop Hotel & Motel Gym & Fitness Department Store Food Market Storage Facility Bar & Pub Garden Center

    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
    -106.9153281
    Latitude
    32.4898467

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    FAQs

    What type of property is this?
    Storefront property - Versatile commercial building in Radium Springs undergoing transformation.
    Where is this storefront property located?
    The property is located at 855 Tres Amigos Rd Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: - 1.55-acre lot adjacent to Leasburg Park.; - Versatile commercial building suitable for various business ventures.; - Located in the heart of Radium Springs.
    (575) 571-1229
    Request Owner's contact information
    855 Tres Amigos Rd 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
    855 Tres Amigos Rd Las Cruces, NM 88007
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