5300 McNutt Rd, Santa Teresa, NM 88008
Office suite featuring a reception area, three offices, and a small break station in strong cosmetic condition.
- Added:
- Jun 6, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 10 at 2:11 am
Property Features for 5300 McNutt Rd
General Information
- Standard status
- Active
- Size
- 1,214 SF
- Property subtype
- OFFICE
Listing agent Kary Bulsterbaum License #43302 (575) 639-1208
Listing office Steinborn/TCN Commercial Real Estate (575) 639-1208
Listing date Jun 6, 2026
Source Moodyscre
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 Steinborn/TCN Commercial Real Estate
HighLights
- Office suite with reception area, 3 large offices, and a small break station
- Sound vinyl plank flooring and described as in great cosmetic condition
- Long‑standing insurance office location for multiple years
- Good visibility with excellent signage
- Right off the high‑traffic Mcnutt & Country Club Intersection near the main Santa Teresa guard gate entry point
Overview
The property is positioned right off the high-traffic McNutt & Country Club intersection and near the main Santa Teresa guard gate entry point. The immediate area is dominated by financial services and medical concepts, supporting an environment where professional office uses are established.
This space has operated as a long-standing insurance office location for multiple years, and the layout can support a variety of other services that need a reception function and separate offices. For buyers or tenants looking for a turn-key-feeling professional suite with a straightforward room configuration and strong curb/signage visibility, it presents a practical option.
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 | $16.8k | $13.80 |
| − Vacancy | −$2.4k | −$2.00 |
| EGI | $14.3k | $11.80 |
| − OpEx | −$3.6k | −$2.95 |
| NOI | $10.7k | $8.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Santa Teresa
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.6257978
- Latitude
- 31.8490987
