Two-Story Office Building with
525 E Lohman Avenue Las Cruces, NM 88001
525 E Lohman Avenue, Las Cruces, NM, 88001
$1,100,000
For Sale
$1,100,000
Two-story office building offering multiple suites, two bathrooms per floor, and flexible layouts across well-maintained office space.
Property Size5,568 SF
Price / SF$197.56
Days on Market16
Property Features for 525 E Lohman Avenue
General Information
- Standard status
- Active
- Size
- 5,568 SF
Listing agency
(575) 650-7224
Listed by
Ron Bruder
(575) 650-7224
Source
Homesforsaleinlascruces.idxbroker
Added: Jul 6 Updated: Jul 20 at 6:48PM Checked: Jul 21 at 2:56AM
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 Ron Bruder
Investment Insights
Based on property information with market context.
525 E Lohman Avenue is a well-maintained two-story office building with multiple suites and flexible layouts designed to accommodate a variety of professional uses. The building provides two bathrooms on each floor and totals 2,784 square feet per floor. Suite configurations vary in size, supporting different office needs within the same property.
The property is located on Lohman Avenue in Las Cruces, NM, and is described as having strong visibility and accessibility along the corridor. Directions: when heading west on Lohman, the building is on the right-hand side after Tornillo Street; use GPS.
Several suites are already leased to an established leaseholder, combining current occupancy with continued income potential for investors or businesses seeking a professional setting in one building.
The property is located on Lohman Avenue in Las Cruces, NM, and is described as having strong visibility and accessibility along the corridor. Directions: when heading west on Lohman, the building is on the right-hand side after Tornillo Street; use GPS.
Several suites are already leased to an established leaseholder, combining current occupancy with continued income potential for investors or businesses seeking a professional setting in one building.
Key Highlights
- Two‑story office building with 5,568 SF improvements and 17,860 SF lot (0.25 to 0.50 AC).
- Office has 7 total units with 4‑unit office plus 7 divided areas; multiple suites with flexible layouts.
- Ceiling height ranges from 8 to 10 ft; flooring includes carpet, ceramic tile, and laminate.
Local Financial Insights For Office B
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 | $76.8k | $13.80 |
| − Vacancy | −$11.1k | −$2.00 |
| EGI | $65.7k | $11.80 |
| − OpEx | −$16.4k | −$2.95 |
| NOI | $49.3k | $8.85 |
5,568 SF · lease $13.80/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$703.9K
$615.9K – $821.2K
NOI $49,273 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$974.4K
$852.6K – $1.14M
NOI $68,206 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Wendi Darag, ...
Physician
Baha'is of Las Cruces
Association / Organization
Dr. Cristina A. Perez ...
Physician
Healthy Massage
Alternative Medicine Practice
Dapper Bob & BabyDolls ...
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two-story office building offering multiple suites, two bathrooms per floor, and flexible layouts across well-maintained office space.
Where is this office units located?
The property is located at 525 E Lohman Avenue Las Cruces, NM.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑story office building with 5,568 SF improvements and 17,860 SF lot (0.25 to 0.50 AC).; Office has 7 total units with 4‑unit office plus 7 divided areas; multiple suites with flexible layouts.; Ceiling height ranges from 8 to 10 ft; flooring includes carpet, ceramic tile, and laminate.
