Flexible Retail-Office
6185 Bataan Memorial W Las Cruces, NM 88012
6185 Bataan Memorial W, Las Cruces, NM, 88012
$450,000
Pending
For Sale
$450,000
Pending
Flexible building with open areas and private rooms, plus ample on-site parking and strong frontage for retail or service use.
Property Size5,028 SF
Days on Market106
Property Features for 6185 Bataan Memorial W
General Information
- Standard status
- Pending
- Size
- 5,028 SF
Listing agency
Coldwell Banker Legacy Elite
(575) 528-8615
Listed by
Eli Berger · License #47961
(575) 528-8615
Source
Exprealty
Added: Apr 7 Updated: Jul 20 at 9:41PM Checked: Jul 20 at 9:41PM
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 Coldwell Banker Legacy Elite
Investment Insights
Based on property information with market context.
This versatile commercial building, offered for sale or lease, provides a flexible interior layout that can support retail, office, or service use. The space includes open areas along with private rooms, offering multiple configuration options for different business operations. Ample on-site parking supports convenient access for customers and staff.
The property is located along Bataan Memorial in a high-visibility corridor in Las Cruces, with strong frontage and steady traffic counts. Easy access to major roads can support day-to-day customer and employee travel.
The available square footage is approximately 5,028, with use and leasing terms stated as negotiable based on tenant needs, improvements, and verification of zoning and permitted uses by the buyer or tenant.
The property is located along Bataan Memorial in a high-visibility corridor in Las Cruces, with strong frontage and steady traffic counts. Easy access to major roads can support day-to-day customer and employee travel.
The available square footage is approximately 5,028, with use and leasing terms stated as negotiable based on tenant needs, improvements, and verification of zoning and permitted uses by the buyer or tenant.
Key Highlights
- Approximately 5,028 SF commercial building with flexible layout options for retail, office, or service use
- Strong frontage along Bataan Memorial in a high‑visibility corridor with steady traffic counts (per remarks)
- Open areas plus private rooms to support multiple business types
Local Financial Insights For Retail
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 | $63.4k | $12.60 |
| − Vacancy | −$5.1k | −$1.01 |
| EGI | $58.3k | $11.59 |
| − OpEx | −$17.5k | −$3.48 |
| NOI | $40.8k | $8.11 |
5,028 SF · lease $12.60/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$582.8K
$510.0K – $680.0K
NOI $40,799 @ 7.0% cap · market cap 9.07%
Second Best
Flex RnD
$471.5K
$412.5K – $550.0K
NOI $33,002 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$879.9K
$769.9K – $1.03M
NOI $61,591 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flexible building with open areas and private rooms, plus ample on-site parking and strong frontage for retail or service use.
Where is this flex space located?
The property is located at 6185 Bataan Memorial W 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: Approximately 5,028 SF commercial building with flexible layout options for retail, office, or service use; Strong frontage along Bataan Memorial in a high‑visibility corridor with steady traffic counts (per remarks); Open areas plus private rooms to support multiple business types
