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    717 Organ Ave Las Cruces, NM 88005

    Sponsored
    For Sale
    $850,000

    Two buildings, prime location, great value.

    Property size:
    9,524 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity in Las Cruces, New Mexico, presents two separate industrial parcels totaling 9,524 square feet on a combined 0.85-acre lot. The property is listed at $850,000, or $89.25 per square foot, and comprises two buildings, each offering unique potential. The first parcel, located at 100 S. Mesilla St., encompasses approximately 0.37 acres and features a building of roughly 2,072 square feet. The second parcel, situated at 717 W. Organ Ave, covers approximately 0.48 acres and includes a larger building of approximately 7,452 square feet. The property is zoned for manufacturing and warehouse use, making it ideal for a variety of businesses. Each building is priced at $425,000, offering flexibility for potential buyers. The seller will not consider selling the parcels separately, presenting a unique opportunity to acquire a substantial industrial property in a desirable location. The property's address is 717 W Organ Ave, Las Cruces, NM 88005, in Doña Ana County. This is a rare chance to own a significant industrial holding in a growing market. The combined square footage and acreage provide ample space for various industrial operations or expansion. This property is priced to sell and represents a strong investment opportunity.

    Property Features for 717 Organ Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    9,524 SF
    Lot Size
    37,026 SF

    Building Details

    Buildings
    2
    Units
    2

    HighLights

    • $850,000 asking price for this industrial property.
    • 9,524 square feet total across two buildings.
    • $89.25 per square foot.
    • Two units available, each building on a separate parcel.
    • 0.85‑acre lot size.
    • $425,000 per unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Antix Inc Cabinet Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.7858104
    Latitude
    32.3077774

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    FAQs

    What type of property is this?
    Distribution property - Two buildings, prime location, great value.
    Where is this distribution property located?
    The property is located at 717 Organ Ave Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price for this industrial property.; 9,524 square feet total across two buildings.; $89.25 per square foot.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    717 Organ Ave Las Cruces, NM 88005
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