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    2780 W Picacho Ave Las Cruces, NM 88005

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    For Lease
    $15 SF/Yr ($11,025 /Mo)

    Retail space available in a high-traffic Las Cruces location.

    Property size:
    8,820 SF
    Lot size:
    2.24 Acres

    Property Features for 2780 W Picacho Ave

    General Information

    Size
    8,820 SF
    Lot size
    2.24 Acres

    Source: NAI 1st Valley Realty Agent Jessie Carreon

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

    Overview

    Retail Space in Las Cruces

    This retail space is situated at a main retail intersection that services Legends West and Picacho Hills, two of the largest subdivisions on the west side. The location is near Mayfield High School and Picacho Middle School and is within 1/2 mile of the Dona Ana County Government Complex. Adjacent businesses include Walgreens, Subway, Circle K, Valero, and Citizen’s Bank. The property offers 8,820 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop U. S. Census ... Federal Government Office

    Suggested Use

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

    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
    -106.8164842
    Latitude
    32.3116689

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    FAQs

    What type of property is this?
    Retail space - Retail space available in a high-traffic Las Cruces location.
    Where is this retail space located?
    The property is located at 2780 W Picacho Ave Las Cruces, NM.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Main retail intersection location servicing Legends West & Picacho Hills.; - High-traffic location with adjacent Walgreens, Subway, Circle K, Valero, and Citizen’s Bank.; - Proximity to Dona Ana County Government Complex (within 1/2 mile).
    (575) 521-1535
    Request Owner's contact information
    2780 W Picacho Ave Las Cruces, NM 88005
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    Las Cruces, NM 88005
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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
    2780 W Picacho Ave Las Cruces, NM 88005
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