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

    Seq Mcnutt & Country Clb Santa Teresa, NM 88008

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Dona Ana County medical office land. Single-tenant opportunity.

    Lot size:
    871,200 SF

    Property Features for 0 Seq Mcnutt & Country Clb

    General Information

    Property type
    Multifamily properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    871,200 SF

    Spaces For Lease

    at 0 Seq Mcnutt & Country Clb, Santa Teresa, NM 88008 Contact us

    We can help!

    Listing Contact
    Jack Duncan

    Listing Agency: RJL Real Estate Consultants Listing Agent: Jack Duncan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 20-acre parcel in Dona Ana County presents a unique investment opportunity for medical office development. Zoned for incorporated use, this single-tenant site offers significant potential for a large-scale medical facility or related healthcare business. The expansive lot size provides ample space for building construction, ample parking, and potential future expansion. The property is currently available for lease and is classified as retail, office, and land, with a primary subtype of medical office. While the existing building square footage is listed as zero, the significant acreage allows for substantial new construction tailored to the specific needs of a healthcare provider. The property's location within Dona Ana County offers access to a substantial population base and presents a strategic advantage for establishing a prominent medical presence. Interested parties are encouraged to explore the possibilities this substantial land parcel offers for developing a thriving medical office facility. The zoning designation ensures compliance with local regulations, streamlining the development process. This is an exceptional opportunity to secure a prime location for a medical office building in a growing market. Contact us today to learn more about leasing this remarkable property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Map

    City
    Santa Teresa
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.6250034
    Latitude
    31.8484888

    Nearby Similar for Lease

    • Contact for pricing
      145,350 SF

      Industrial Space Near Santa Teresa Port

      145,350 sq ft industrial space near Santa Teresa port.
      655 Industrial Ave, Santa Teresa, NM 88008
      View Details
    • Contact for pricing

      Retail Space in Santa Teresa

      Retail property available for lease in Santa Teresa, NM.
      1265 Country Club Rd, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      96,000 SF

      Santa Teresa Warehouse Space Available

      96,000 sq ft warehouse/industrial space for lease.
      2800 Airport Rd, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      145,350 SF

      Santa Teresa Industrial Facility Available

      145,350 SF industrial space with cross-dock and FTZ areas.
      Industrial Ave & Strauss Rd, Santa Teresa, NM
      View Details
    • Contact for pricing
      12,000 SF

      Santa Teresa Office Space Available

      12,000 SF Office, Short-Term Lease
      4701 Avenida Divisadero, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      116,420 SF

      Santa Teresa Warehouse - 116,420 SF

      Prime Santa Teresa industrial space. Single-tenant warehouse.
      175 Lindbergh Dr, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      17,796 SF

      Prime Santa Teresa Office Space

      17,796 SF Office, 109 Parking Spaces
      1268 Country Club Rd, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      13,200 SF

      Santa Teresa Office Building

      Prime Office Space, 13,200 SF
      1190 Country Club Rd, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      10,815 SF

      Prime Santa Teresa Office Space

      10,815 SF Office, 1.55 Acres, Ample Parking
      1270 Country Club Rd, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      3,766 SF

      Prime Santa Teresa Office Space

      3,766 sq ft Single-Tenant Office
      5250 Mcnutt Rd, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      13,200 SF

      Prime Santa Teresa Office Building

      13,200 SF Office, 77 Parking Spaces
      1290 Country Club Rd, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      14,660 SF

      Santa Teresa Office Building for Lease

      Prime Office Space, 14,660 SF Available
      5340 Mcnutt Rd, Santa Teresa, NM 88008
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Dona Ana County medical office land. Single-tenant opportunity.
    Where is this multifamily property located?
    The property is located at Seq Mcnutt & Country Clb Santa Teresa, NM.
    What are key features of this property?
    This property features: 20-acre land parcel in Dona Ana County.; Single-tenant property.; Zoned for incorporated use.
    (915) 231-2004 Call to check price and availability
    Request Owner's contact information
    Seq Mcnutt & Country Clb Santa Teresa, NM 88008
    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.
    Seq Mcnutt & Country Clb
    Santa Teresa, NM 88008
    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
    Seq Mcnutt & Country Clb Santa Teresa, NM 88008
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jack Duncan
    (915) 231-2004 (915) 587-8310
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!