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Corner-Lot Flex Space
New
For Sale
$500,000

221 Principal Street, La Mesa, NM 88044

Commercial Sale, La Mesa, NM

Property SizeContact for details
Lot Size0.65 Acres
Days on Market3

Property Features for 221 Principal Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Directions From Lou Henson Hwy (Old Hwy 28) continue until La Mesa turn onto E Corpening Ave. Continue on E Corpening Ave the property will be on the right.
Standard status Active
APN 4-011-148-415-206
Lot size 0.65 Acres

Taxes and HOA fees

Tax Description Subd: LA MESA TOWNSITE (BK 2 PG 20 - 220) Lot: PT 3 & 4 Block: 20 S: 23 T: 25S R: 2E BRM 20A TR 100, INSTRUMENT #2326194
Legal Description Subd: LA MESA TOWNSITE (BK 2 PG 20 - 220) Lot: PT 3 & 4 Block: 20 S: 23 T: 25S R: 2E BRM 20A TR 100, INSTRUMENT #2326194

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Water source Public

Amenities

fully fenced
yard space

Building Details

Flooring type Vinyl, Concrete
Building materials Adobe, Stucco
Listing Agency: EXIT Realty Horizons
Listed By: Melissa Palomares · License #REC20230486
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 23 at 9:06AM
MLS# 2602664

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.

Investment Insights

Based on property information with market context.

This flex-space property combines approximately 2,090 SF of storefront area with an adjoining approximately 3,200 SF warehouse. The layout supports a range of commercial uses, with the storefront connected directly to the warehouse for integrated operations, storage, or inventory handling. Three potential rental areas are also identified: a 1 bedroom/1 bath unit, a 2 bedroom/1 bath unit, and a studio.

Positioned on an approximately 0.65-acre corner lot in La Mesa, the property is directly across from the baseball stadium and a church. The site is fully fenced and includes yard space for outdoor storage, business activities, or other permitted uses. Improvements feature adobe and stucco construction, concrete and vinyl flooring, public water, public sewer, and natural gas availability.

Key Highlights

  • Approximately 2,090 SF storefront connected directly to approximately 3,200 SF of warehouse space
  • Approximately 0.65‑acre corner lot in La Mesa
  • Three potential rental spaces: 1 bedroom/1 bath, 2 bedroom/1 bath, and studio

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pharmacy Grocery & Convenience Store Daycare Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 88044, NM

3,289
Population
1,331
Households
2.5
Avg Household Size
44
Median Age
23%
College-Educated
80%
High-School Grad
594.3 sq mi
ZIP Area
6
Density / Sq Mi
$60,855
Median Household Income
$40,068
Median Earnings
$540
Median Rent
$194,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Corner-lot commercial property combines storefront, warehouse, fenced yard, and three potential rental configurations.
Where is this flex space located?
The property is located at 221 Principal Street La Mesa, NM.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 2,090 SF storefront connected directly to approximately 3,200 SF of warehouse space; Approximately 0.65‑acre corner lot in La Mesa; Three potential rental spaces: 1 bedroom/1 bath, 2 bedroom/1 bath, and studio
More about this property
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