Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sunland Park Land For Sale Title is generated by Realmo AI

    1855 APPALOOSA Drive, Sunland Park, NM 88063

    View on Map
    Claim this Listing
    For Sale
    $1,605,186

    LAND - Sunland Park, NM

    Lot size:
    3.35 Acres
    Added:
    Jan 14, 2026
    Days on Market:
    126
    Last Refresh:
    May 20 at 9:06 am

    Property Features for 1855 APPALOOSA Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    C2
    Standard status
    Active
    APN
    1604184
    Lot size
    3.35 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SUBD: SUNLAND PARK INDUSTRIAL PARK SUBDIVISION PHASE 2B (BK 21 PG 396-397 - 0538295) LOT: 54 S: 7 T: 29S R: 4E
    Tax Annual Amount
    2247

    Utilities

    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Gustavo Andazola

    Listing agent Gustavo Andazola License #0433295

    Listing office The Real Estate Power Houses 7207 Bluff Run, El Paso, NM

    Listing date Jan 14, 2026

    MLS# 936518 Listing URL

    Copyright © 2026 Greater El Paso 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

    • Convenient Location (based on provided coordinates).
    • Public Sewer System.

    Overview

    This commercial land is located in Sunland Park, New Mexico. The property is 3.35 acres and is zoned C2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunland Park
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.5685613
    Latitude
    31.8017447

    Nearby Similar for Sale

    • $10,290
      3,330 SF

      Commercial Land in Sunland Park

      Commercial property in Dona Ana County, available for sale.
      1925 APPALOOSA Drive, Sunland Park, NM 88063
      View Details
    • $12,479

      Commercial Land in Sunland Park

      Commercial property in Dona Ana County, available for sale.
      1895 APPALOOSA Drive, Sunland Park, NM 88063
      View Details
    • $1,348,617

      Sunland Park Commercial Land Parcel

      10.32-acre parcel ideal for multi-family, retail, or mixed-use.
      4398 McNutt Road, Sunland Park, NM 88063
      View Details
    • $175,000

      Oversized Lot in Sunland Park

      Large homesite ideal for custom build with room for amenities.
      2716 SAN GABRIEL Drive, Sunland Park, NM 88063
      View Details
    • $85,000

      Land with Mountain and City Views

      0.14 acre lot in Rio Vista Subdivision, Sunland Park.
      304 Colorado Drive, Sunland Park, NM 88063
      View Details
    • $3,049,200

      Sunland Park Commercial Land Parcel

      7-acre commercial land near casino and Texas border.
      1705 Appaloosa Drive, Sunland Park, NM 88063
      View Details
    • $145,000

      Commercial Lot in Sunland Park

      Commercial land for sale in a high-traffic area.
      102 Cuchillo Place, Sunland Park, NM 88063
      View Details
    • $3,049,200

      Sunland Park Commercial Land Parcel

      7-acre commercial land near casino and Texas border.
      1705 Appaloosa Drive, Sunland Park, NM 88063
      View Details
    • $2,178,000
      871,200 SF

      20-Acre Commercial Land Opportunity

      20-acre commercial land with excellent frontage on a busy road.
      3061 Memorial Pines Road, Sunland Park, NM 88063
      View Details
    • Contact for pricing
      2,000 SF

      Commercial Grade Office/Warehouse Space

      Design build commercial space ideal for offices, retail, and storage.
      1800 Appaloosa Dr, Sunland Park, NM 88063
      View Details
    • $1,900,000
      47,200 SF

      Sunland Park Industrial Site

      Industrial site with multiple buildings on approximately 108.94 acres.
      1000 Brickland Rd, Sunland Park, NM
      View Details
    • $1,900,000
      4,868,265 SF

      108+ Acre Industrial Site

      Large industrial site with multiple buildings and heavy industrial zoning.
      1000 Brickland Road, Sunland Park, NM 88063
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.35 acre commercial land available in Sunland Park, New Mexico.
    Where is this commercial land located?
    The property is located at 1855 APPALOOSA Drive Sunland Park, NM.
    What is the asking price?
    The asking price for this property is $1,605,186.
    What are key features of this property?
    This property features: Convenient Location (based on provided coordinates).; Public Sewer System.
    (915) 478-5050
    We can help!
    Listing Contact
    Gustavo Andazola
    Real Estate License ID: 0433295
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1855 APPALOOSA Drive, Sunland Park, NM 88063
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!