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    Flex Space with Roll-Up Garage Access Title is generated by Realmo AI

    1712 N Main Street, Las Cruces, NM 88001

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    For Lease
    $2,108/Mo $9 SF/Yr (calc)

    COMMERCIAL - Las Cruces, NM

    Property size:
    2,810 SF
    Lot size:
    1.43 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 1712 N Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    4-007-134-134-208
    Lot size
    1.43 Acres

    Taxes and HOA fees

    Tax Description
    S: 7 T: 23S R: 2E INST # 1616401 BRM 9A TR 44A 44B &45, INSTRUMENT 2517670

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Tile - Ceramic, Carpet
    Building materials
    Block, Metal Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Eugene A Heathman

    Listing agent Eugene A Heathman License #1925

    Listing office RE/MAX Classic Realty 2805 Doral Ct., Las Cruces, NM

    Listing date Jun 4, 2026

    MLS# 2601790

    Copyright © 2026 Las Cruces Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approx. 2,810 SF flex space for lease on the north Main St corridor in Las Cruces.
    • Hybrid layout with approx. 2,000 SF office plus conference room and break room.
    • Includes 800 SF 3‑bay garage/SOP with roll‑up garage door access for loading, shipping, and receiving.
    • Additional garage and shop space for vehicle and equipment storage.
    • Utilities include phone service; water provided by public source and sewer via public sewer.
    • Construction includes block and metal siding with a metal roof; central air and forced‑air natural gas heating.

    Overview

    For lease is an approximately 2,810-square-foot flex space designed to combine office use with warehouse/garage functionality. The layout includes an estimated 2,000 square feet of office area plus an approximately 800-square-foot 3-bay garage/shop component. Roll-up garage door access supports practical loading, shipping, and receiving needs, while the office portion includes dedicated spaces such as a conference room and break room.

    The property is located on the north Main Street corridor in Las Cruces, in a highly visible setting. As a main north arterial, North Main Street is positioned to provide consistent day-to-day traffic exposure for businesses operating from the front office and managing dispatch, billing, or service calls.

    This configuration can work well for tenants that want to consolidate office administration with on-site vehicle and equipment storage in a single location. With both a professional office presence and garage capability, the space is suited to operational users that require controlled access for work activity alongside an office for day-to-day coordination.
    Property Profile Location Intelligence

    Current Use by Public Records

    North Main Self ... Storage Facility U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • La Nueva Casita Café — 195 N Mesquite St, Las Cruces, NM 88001
    • Poki Poke Bowl + Smoothies — 1390 N Solano Dr, Las Cruces, NM 88001

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.781922
    Latitude
    32.324437

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    FAQs

    What type of property is this?
    Flex space - Hybrid office-and-warehouse layout with dedicated garage and shop space, built for daily loading and customer-facing operations.
    Where is this flex space located?
    The property is located at 1712 N Main Street Las Cruces, NM.
    What is the lease rate?
    The lease rate is $2,108 /Mo.
    What are key features of this property?
    This property features: Approx. 2,810 SF flex space for lease on the north Main St corridor in Las Cruces.; Hybrid layout with approx. 2,000 SF office plus conference room and break room.; Includes 800 SF 3‑bay garage/SOP with roll‑up garage door access for loading, shipping, and receiving.
    (575) 937-9330
    We can help!
    Listing Contact
    Eugene A Heathman
    Real Estate License ID: 1925
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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