Industrial Warehouse with Fenced
822 Quesenberry Street, Las Cruces, NM 88005
For Sale
Contact for pricing
Multiple grade-level doors provide direct access between the warehouse and its exterior yard.
Property Size4,800 SF
Lot Size1.10 Acres
Price / SF$77.08
Days on Market42
Property Features for 822 Quesenberry Street
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Fenced Yard
Property Use
Building Details
Building Size
Listing Agency:
NAI 1st Valley
Listed By:
Cheryl Reome · License NM 16447QB
(575) 644-9165
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 10 at 7:19AM
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 NAI 1st Valley
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Investment Insights
Based on property information with market context.
This industrial property combines office and warehouse space in a building of ±4,800 SF. Multiple grade-level doors and clear-height warehouse areas support practical storage and handling functions, while a fenced yard adds secure outdoor space on the ±1.1 AC parcel. The property is located in Las Cruces, New Mexico.
Key Highlights
- ±4,800 SF industrial office/warehouse building
- ±1.1 AC lot with a fenced yard
- Multiple grade‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,387
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,740
$647.7K
Cap Rate 7%
$462,671
$462.7K
Cap Rate 9%
$359,856
$359.9K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$40.3K $8.40/SF
− Vacancy
−$2.2K −$0.46/SF
EGI
$38.1K $7.94/SF
− OpEx
−$5.7K −$1.19/SF
NOI
$32.4K $6.75/SF
Area
Las Cruces, NM
Vacancy
5.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,740
Cap Rate 7%
$462,671
Cap Rate 9%
$359,856
Alternative Uses
Best Use
Warehouse
$462.7K
$404.8K – $539.8K
NOI $32,387 @ 7.0% cap · market cap 8.75%
Second Best
Flex RnD
$450.1K
$393.8K – $525.1K
NOI $31,506 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$840.0K
$735.0K – $980.0K
NOI $58,798 @ 7.0% cap · market cap 15.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 88005, NM
26,997
Population
12,039
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
179
Density / Sq Mi
$51,770
Median Household Income
$28,908
Median Earnings
$899
Median Rent
$207,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Dona Ana County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Absolute Rentals — 425 N Motel Blvd, Las Cruces, NM 88007
- American Document Services — 300A N Seventeenth St, Las Cruces, NM 88005
- Twice the Space - Hadley — 1712 W Hadley Ave, Las Cruces, NM 88005
- Twice the Space - Picacho — 2411 W Picacho Ave, Las Cruces, NM 88007
- Discount Self Storage — 2190 Holiday Ave, Las Cruces, NM 88005
Frequently Asked Questions
What type of property is this?
Warehouse - Multiple grade-level doors provide direct access between the warehouse and its exterior yard.
Where is this warehouse located?
The property is located at 822 Quesenberry Street Las Cruces, NM.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: ±4,800 SF industrial office/warehouse building; ±1.1 AC lot with a fenced yard; Multiple grade‑level doors
