Standalone Retail
For Sale
Contact for pricing
3985 S Main St, Las Cruces, NM 88001
Standalone retail building zoned C-1 and fronting South Main Street, with EBID rights included.
Property Size3,000 SF
Price / SF$165
Days on Market498
Property Features for 3985 S Main St
General Information
Standard status
Active
Size
3,000 SF
Property subtype
RETAIL
Zoning
C-1
Additional Details
Road Access
Yes
Listing Agency:
NAI 1st Valley Realty
(575) 521-1535
Listed By:
Jessie Carreon · License #53098
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Jul 28
Last Checked: Jul 30 at 12:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI 1st Valley Realty
Investment Insights
Based on property information with market context.
This standalone retail building is zoned C-1 and fronts South Main Street. The property includes a lot with pecan trees and comes with EBID rights.
Located at 3985 S Main St in Las Cruces, NM, the site is positioned near new residential construction, supporting steady neighborhood demand.
The offering is well-suited for an owner-operator or tenant looking for a dedicated freestanding retail presence on a C-1 zoned parcel with included EBID rights.
Located at 3985 S Main St in Las Cruces, NM, the site is positioned near new residential construction, supporting steady neighborhood demand.
The offering is well-suited for an owner-operator or tenant looking for a dedicated freestanding retail presence on a C-1 zoned parcel with included EBID rights.
Key Highlights
- Standalone retail building zoned C‑1
- Fronts South Main Street
- Lot includes pecan trees
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.8k | $12.60 |
| − Vacancy | −$3.0k | −$1.01 |
| EGI | $34.8k | $11.59 |
| − OpEx | −$10.4k | −$3.48 |
| NOI | $24.3k | $8.11 |
3,000 SF · lease $12.60/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$347.8K
$304.3K – $405.7K
NOI $24,343 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$525.0K
$459.4K – $612.5K
NOI $36,749 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 88001, NM
36,831
Population
16,985
Households
2.2
Avg Household Size
30
Median Age
29%
College-Educated
83%
High-School Grad
11.1 sq mi
ZIP Area
3,318
Density / Sq Mi
$32,978
Median Household Income
$23,195
Median Earnings
$797
Median Rent
$158,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail building zoned C-1 and fronting South Main Street, with EBID rights included.
Where is this storefront property located?
The property is located at 3985 S Main St Las Cruces, NM.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Standalone retail building zoned C‑1; Fronts South Main Street; Lot includes pecan trees
