Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    855 Industrial Ave Santa Teresa, NM

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    166-acre industrial park adjacent to Santa Teresa Gateway Rail Park.

    Type:LAND
    Lot size:
    28.00 Acres
    Added:
    Mar 20, 2025
    Days on Market:
    407
    Last Refresh:
    Apr 5 at 8:25 pm

    Property Features for 855 Industrial Ave

    General Information

    Standard status
    Active
    Lot size
    28.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Brian Garcia

    Listing agent Brian Garcia

    Listing office Mesilla Valley Economic Development Alliance

    Listing date Mar 20, 2025

    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 Mesilla Valley Economic Development Alliance

    Overview

    Santa Teresa Industrial Park Land

    Westpark Logistics Center is an industrial park situated adjacent to the Santa Teresa Gateway Rail Park, in one of New Mexico’s fastest-growing industrial areas. The park spans 166 acres, providing space for new facilities and operations alongside established tenants such as MCS Industries, FedEx, and Valley Cold Storage. The park is located within Foreign Trade Zone 197 and the Twelve-Mile Overweight Cargo Radius. It offers a direct connection with the maquilas of Chihuahua, Mexico, from the Santa Teresa Port of Entry and is part of a bi-national community master plan encompassing 40,000 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Santa Teresa
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.887
    Latitude
    31.9979

    Nearby Similar for Sale

    • $215,000

      Santa Teresa Land with Views

      Corner lot with Franklin Mountains views in Santa Teresa.
      ND S Trevino Road, Santa Teresa, NM 88008
      View Details
    • $142,000

      Santa Teresa Land Near BLM

      Five-acre parcel near BLM land with desert views.
      Tract 1 Spirit Hill, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      73,500 SF

      Santa Teresa Net Leased Investment

      Class A manufacturing building, 100% occupancy, long-term tenant.
      300 Ave Asension, Santa Teresa, NM 88021
      View Details
    • Contact for pricing
      136 SF

      Industrial Land on Pete Domenici

      Divisible industrial land with frontage on Pete V Domenici Highway.
      9101 Pete V Domenici Highway, Santa Teresa, NM, 88008
      View Details
    • Contact for pricing

      Westpark Logistics Center Land

      166 acres of industrial land near Santa Teresa Gateway Rail
      450 Industrial Rd, Santa Teresa, NM
      View Details
    • Contact for pricing

      7.98 Acre Industrial Land Lot

      Industrial land near Santa Teresa International Port of Entry.
      400 Avenida Ascencion, Santa Teresa, NM
      View Details
    • Contact for pricing
      69 SF

      Land Available in Santa Teresa

      Land for sale in Santa Teresa, New Mexico.
      511 Avenida Ascencion, Santa Teresa, NM, 88008
      View Details
    • Contact for pricing

      Westpark Logistics Center Land

      166-acre industrial park adjacent to Santa Teresa Gateway Rail Park.
      555 Industrial Ave, Santa Teresa, NM
      View Details
    • Contact for pricing

      Westpark Logistics Center Land Parcel

      166-acre industrial park adjacent to Santa Teresa Gateway Rail Park.
      955 Industrial Ave, Santa Teresa, NM
      View Details
    • Contact for pricing

      Santa Teresa Industrial Park Land

      166-acre industrial park adjacent to Santa Teresa Gateway Rail Park.
      Industrial Ave, Santa Teresa, NM
      View Details
    • Contact for pricing

      Industrial Land Near Rail Park

      166-acre industrial park adjacent to Santa Teresa Gateway Rail Park.
      950 Industrial Ave, Santa Teresa, NM
      View Details
    • Contact for pricing

      Santa Teresa Gateway Rail Park

      225 acres with rail access near Santa Teresa Intermodal Terminal.
      4701 Avenida Divisadero, Santa Teresa, NM
      View Details

    FAQs

    What type of property is this?
    Land - 166-acre industrial park adjacent to Santa Teresa Gateway Rail Park.
    Where is this land located?
    The property is located at 855 Industrial Ave Santa Teresa, NM.
    What are key features of this property?
    This property features: Strategic location adjacent to the Santa Teresa Gateway Rail Park.; Located within Foreign Trade Zone 197.; Direct connection with maquilas of Chihuahua, Mexico via the Santa Teresa Port of Entry.
    (575) 525-2852 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Garcia
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!