Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    384 S Melendres St Las Cruces, NM 88005

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $6 SF/Yr ($2,708 /Mo)

    Retail and warehouse space with great visibility and storage.

    Property size:
    5,000 SF
    Lot size:
    0.27 Acres

    Property Features for 384 S Melendres St

    General Information

    Size
    5,000 SF
    Lot size
    0.27 Acres

    Source: Steinborn/TCN Commercial Real Estate Agent Kary Bulsterbaum

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

    Overview

    Retail/Warehouse Space for Lease

    This property, previously a building materials supply location, is suitable for retail and warehouse operations. It offers high visibility, generous office areas, storage space, and opportunities for exterior retail display. The property is located within a zoning district designed to expand retail flexibility and preserve the historic integrity of the surrounding area. The property has a size of 5000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Sunny Acres RV Park, Whitfield Enterprises Inc, Valley Storage

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.7844465
    Latitude
    32.3062352

    Nearby Similar for Lease

    • $4,000 /Mo
      1,742 SF

      Downtown Las Cruces Executive Suite

      Executive suite for lease in downtown Las Cruces redevelopment.
      250 W Amador Ave, Las Cruces, NM 88001
      View Details
    • $600,000
      16,988 SF

      Downtown Las Cruces Mixed-Use Property

      Remodeled mixed-use property in revitalized downtown Las Cruces.
      506 E May Ave, Las Cruces, NM 88001
      View Details
    • $1,350 /Mo
      16,117 SF

      Las Cruces Retail/Office Space

      Move-in ready retail/office space in a high-traffic location.
      1900 S Telshor Blvd Unit, Las Cruces, NM 88011
      View Details
    • $900 /Mo
      10,890 SF

      Las Cruces Commercial Flex Space

      Flex space with storage in secure, gated Las Cruces location.
      1430 E Thorpe Rd, Las Cruces, NM 88012
      View Details
    • $3,000 /Mo
      1,742 SF

      Las Cruces Quick-Lube Facility

      2-bay quick-lube facility for lease in Las Cruces.
      2001 S Valley Dr, Las Cruces, NM 88005
      View Details
    • $4,000 /Mo
      10,890 SF

      Las Cruces Commercial Space Available

      Office/showroom space for rent in Las Cruces, New Mexico.
      2001 S Valley Dr, Las Cruces, NM 88005
      View Details

    FAQs

    What type of property is this?
    Warehouse - Retail and warehouse space with great visibility and storage.
    Where is this warehouse located?
    The property is located at 384 S Melendres St Las Cruces, NM.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Great visibility; - Abundant opportunity for exterior retail display; - Generous office areas
    (575) 639-1208
    Request Owner's contact information
    384 S Melendres St Las Cruces, NM 88005
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    384 S Melendres St
    Las Cruces, NM 88005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    384 S Melendres St Las Cruces, NM 88005
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.