Flex Showroom with Secure
For Sale
Contact for pricing
909 W Amador Ave, Las Cruces, NM 88005
Remodeled flex facility with showroom-ready presentation, large offices, and a secured shop with covered storage.
Property Size13,761 SF
Price / SF$67.95
Days on Market158
Property Features for 909 W Amador Ave
General Information
Standard status
Active
Size
13,761 SF
Property subtype
RETAIL
Listing Agency:
Steinborn/TCN Commercial Real Estate
(575) 639-1208
Listed By:
Kary Bulsterbaum · License #43302
(575) 639-1208
Source:
Moodyscre
Added: Feb 22
Changed: Jul 28
Last Checked: Jul 29 at 1:47PM
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
Investment Insights
Based on property information with market context.
This remodeled flex property has a polished, showroom-ready appearance and has operated for years as a cabinetry, stone, and countertop/home-finish retail showroom. It includes large, corporate-appearing offices and additional excess area that can be used for bullpen or more open office layouts. There is also an additional upstairs loft area.
The industrial component is a significant value add, featuring 5,000+ square feet of shop space along with multiple covered storage areas and additional storage. The layout allows for portions of the property to be fenced off and secured, supporting controlled use of the shop and storage areas.
Overall, the property is configured to support both customer-facing showroom activity and back-of-house operations, with flexible space allocations across office, showroom, and secured industrial use areas.
The industrial component is a significant value add, featuring 5,000+ square feet of shop space along with multiple covered storage areas and additional storage. The layout allows for portions of the property to be fenced off and secured, supporting controlled use of the shop and storage areas.
Overall, the property is configured to support both customer-facing showroom activity and back-of-house operations, with flexible space allocations across office, showroom, and secured industrial use areas.
Key Highlights
- Remodeled flex facility with showroom‑ready, highly presentable retail/office look
- 5000+ SF shop with covered and additional storage, with fenced and secured area available
- Large offices designed to provide a professional corporate appearance
Financial Insights For Industrial
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 | $123.8k | $9.00 |
| − Vacancy | −$7.4k | −$0.54 |
| EGI | $116.4k | $8.46 |
| − OpEx | −$34.9k | −$2.54 |
| NOI | $81.5k | $5.92 |
13,761 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.74M
$1.52M – $2.03M
NOI $121,775 @ 7.0% cap · market cap 13.02%
Second Best
Retail
$1.60M
$1.40M – $1.86M
NOI $111,662 @ 7.0% cap · market cap 11.94%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,567 @ 7.0% cap · market cap 18.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Under-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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- La Nueva Casita Café — 195 N Mesquite St, Las Cruces, NM 88001
- Urban Cafe & Catering — 1100 S Main St, Las Cruces, NM 88005
Frequently Asked Questions
What type of property is this?
Flex space - Remodeled flex facility with showroom-ready presentation, large offices, and a secured shop with covered storage.
Where is this flex space located?
The property is located at 909 W Amador Ave Las Cruces, NM.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: Remodeled flex facility with showroom‑ready, highly presentable retail/office look; 5000+ SF shop with covered and additional storage, with fenced and secured area available; Large offices designed to provide a professional corporate appearance