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    855 Tres Amigos Rd Las Cruces, NM 88007

    Sponsored
    For Sale
    $375,000

    Versatile 4,000 sq ft office/warehouse

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,000 square foot commercial property, located at 865 Tres Amigos Rd, Las Cruces, NM 88007, presents a unique investment opportunity. Situated on a spacious 1.55-acre lot in Doña Ana County, this Class B building, constructed in 2005, offers a blend of executive office and warehouse space. The single-story structure sits on a lot zoned for agricultural use (AGRICULTUR) and features a convenient single building design. Previously envisioned as a laundromat and restaurant, the unfinished interior provides a blank canvas for a wide range of commercial ventures. The property's prime location adjacent to Leasburg Park in the heart of Radium Springs offers excellent visibility and accessibility. With an asking price of $375,000, this property represents a significant opportunity for entrepreneurs and investors seeking a versatile space in a thriving community. The APN is 3002122354506. This is a chance to create a thriving business in a dynamic location.

    Property Features for 855 Tres Amigos Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    4,000 SF
    Class
    B
    Lot Size
    67,518 SF

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Dental Office Auto Repair Shop Hotel & Motel Gym & Fitness Department Store Food Market Storage Facility Bar & Pub Garden Center

    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
    -106.9153173
    Latitude
    32.4898292

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    FAQs

    What type of property is this?
    Distribution property - Versatile 4,000 sq ft office/warehouse
    Where is this distribution property located?
    The property is located at 855 Tres Amigos Rd Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $375,000.
    Request Owner's contact information
    855 Tres Amigos Rd Las Cruces, NM 88007
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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
    855 Tres Amigos Rd Las Cruces, NM 88007
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