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    465 Industrial Ave Santa Teresa, NM 88044

    For Lease
    Contact for pricing

    215,256 SF Manufacturing/Warehouse

    Lot size:
    215,256 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional Class A industrial facility, built in 2015, offers 215,256 square feet of space on 14.06 acres in Doña Ana County's El Paso/Las Cruces submarket. The building boasts a 32-foot clear height, 20 loading docks with 20 dock-high doors, and ample parking (43 trailer and 49 car spaces) plus one drive-in. Features include existing office space, an air-conditioned area suitable for a QC lab, production, or assembly, and an ESFR sprinkler system. A secure, fenced-in truck court with trailer staging is also available. The property offers significant expansion potential with adjacent land capable of supporting a 45,000-square-foot addition. Strategically located five miles north of the US-Mexico border and the Santa Teresa Port of Entry, this facility provides logistical advantages including faster processing and border crossings compared to alternative routes. It enjoys proximity to the Union Pacific Intermodal Terminal, Doña Ana County International Jetport, and I-10. Benefit from lower occupancy costs due to New Mexico's lower property taxes and higher permitted truck weights compared to Texas. The building is CTPAT ready and available for immediate occupancy. This is a truly exceptional opportunity for businesses seeking a modern, efficient, and strategically located industrial space.

    Property Features for 465 Industrial Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    215,256 SF
    Class
    A

    Building Details

    Year Built
    2015
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    215,256 SF

    HighLights

    • Class A, 215,256 SF industrial building, built in 2015.
    • Single‑tenant occupancy, manufacturing, warehouse, and distribution space.
    • 14.06 acres of land, including space for expansion.
    • 32' clear height, 20 loading docks, 20 dock‑high doors, and 1 drive‑in door.
    • 43 trailer parking spaces and 49 car parking spaces; ESFR sprinkler system.
    • Located in Doña Ana County, El Paso/Las Cruces submarket, five miles from the US‑Mexico border and Santa Teresa Port of Entry.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Santa Teresa
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.7035283
    Latitude
    31.8475529

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    FAQs

    What type of property is this?
    Distribution property - 215,256 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 465 Industrial Ave Santa Teresa, NM.
    What are key features of this property?
    This property features: Class A, 215,256 SF industrial building, built in 2015.; Single-tenant occupancy, manufacturing, warehouse, and distribution space.; 14.06 acres of land, including space for expansion.
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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
    465 Industrial Ave Santa Teresa, NM 88044
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