Mixed-Use Property with Residential
For Sale
$450,000
Pending
4001 W Picacho Avenue, Las Cruces, NM 88007
Multi-tenant property with commercial and residential spaces, parking, courtyard.
Property SizeContact for details
Lot Size0.22 Acres
Days on Market568
Property Features for 4001 W Picacho Avenue
General Information
Standard status
Pending
Lot size
0.22 Acres
Property subtype
Commercial/Industrial
Listing Agency:
RE/MAX Classic Realty
(575) 937-9330
Listed By:
Eugene A Heathman · License #19925
(575) 937-9330
Source:
Exitrealty
Added: Jan 20, 2025
Changed: Aug 8
Last Checked: Aug 11 at 8:13AM
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 RE/MAX Classic Realty
Investment Insights
Based on property information with market context.
This multi-tenant property features a mix of commercial and residential spaces. It is located on a high-traffic corner. The property includes two businesses and two apartments. One business is a beauty shop with additional retail space available. Apartment 1 is a modified studio-style living quarter, while Apartment 2 is a two-bedroom unit. The property also features a secure, enclosed courtyard and parking. The building is of Adobe/block/stucco style construction. The property is suitable for an owner-user or as an investment, with a stable rental history.
Key Highlights
- High traffic corner location suitable for commercial ventures.
- Multi‑occupant property with both residential and commercial units.
- Two apartments (studio and 2BR) providing residential income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
Explore this area
Business Placement
Demographics for 88007, NM
24,803
Population
10,262
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
87%
High-School Grad
328.6 sq mi
ZIP Area
75
Density / Sq Mi
$65,022
Median Household Income
$36,864
Median Earnings
$794
Median Rent
$232,200
Median Home Value
Market
Vacancy Rate% for Multifamily 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?
Mixed-use property - Multi-tenant property with commercial and residential spaces, parking, courtyard.
Where is this mixed-use property located?
The property is located at 4001 W Picacho Avenue Las Cruces, NM.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: High traffic corner location suitable for commercial ventures.; Multi‑occupant property with both residential and commercial units.; Two apartments (studio and 2BR) providing residential income.
