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    5340 Mcnutt Rd Santa Teresa, NM 88008

    For Lease
    Contact for pricing

    Prime Office Space, 14,660 SF Available

    Lot size:
    14,660 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property, located at 5340 McNutt Rd in Santa Teresa, New Mexico, presents a significant opportunity for businesses seeking versatile office space. The Roadrunner Building, a Class B property constructed in 1988, offers a total of 14,660 square feet across a 1.98-acre lot. Currently configured for multiple tenants, this building is zoned C-2 and features ample parking with 27 spaces, providing a parking ratio of 1.84 spaces per 1,000 square feet. The property's address is 5340 McNutt Rd, Santa Teresa, NM 88008, with its location easily identifiable via the provided latitude and longitude coordinates. The building's traditional office layout is complemented by executive office suites, catering to a variety of business needs. The property's Assessed Parcel Number (APN) is 16-03232 within Doña Ana County. Two spaces totaling 5,000 square feet are currently available for lease. This presents a unique chance to establish a presence in the thriving Santa Teresa Tech Center. The property's size and amenities make it ideal for a range of businesses seeking a well-maintained and conveniently located office space in Doña Ana County. Inquire today to learn more about this exceptional leasing opportunity.

    Property Features for 5340 Mcnutt Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,660 SF
    Class
    B

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    Suite 201
    Size
    5,000 SF
    Space
    Suite 205
    Size
    5,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Teresa
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.6256765
    Latitude
    31.8494841

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 14,660 SF Available
    Where is this office property / space located?
    The property is located at 5340 Mcnutt Rd Santa Teresa, NM.
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    5340 Mcnutt Rd Santa Teresa, NM 88008
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    Santa Teresa, NM 88008
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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
    5340 Mcnutt Rd Santa Teresa, NM 88008
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