Las Cruces Retail
For Sale
Contact for pricing
980 N Telshor Blvd, Las Cruces, NM
Retail property available for sale in Las Cruces, New Mexico.
Property Size20,557 SF
Lot Size1.44 Acres
Price / SF$189.72
Days on Market388
Property Features for 980 N Telshor Blvd
General Information
Standard status
Active
Size
20,557 SF
Lot size
1.44 Acres
Property subtype
RETAIL
Listing Agency:
Pinnacle Investment Properties
(575) 496-3122
Listed By:
Alan Chastine · License #16855
(575) 496-3122
Source:
Moodyscre
Added: Jul 8, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:16AM
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 Pinnacle Investment Properties
Investment Insights
Based on property information with market context.
This retail property, located in Las Cruces, New Mexico, offers 20,557 square feet of space. The property is suitable for retail and other retail purposes.
Key Highlights
- Retail property
- Available for sale
- Located in Las Cruces, New Mexico
Financial Insights For Retail
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 | $259.0k | $12.60 |
| − Vacancy | −$20.7k | −$1.01 |
| EGI | $238.3k | $11.59 |
| − OpEx | −$71.5k | −$3.48 |
| NOI | $166.8k | $8.11 |
20,557 SF · lease $12.60/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.38M
$2.09M – $2.78M
NOI $166,808 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.60M
$3.15M – $4.20M
NOI $251,815 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Market
Properties on Market for Retail properties & Spaces in Las Cruces
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail property - Retail property available for sale in Las Cruces, New Mexico.
Where is this retail property located?
The property is located at 980 N Telshor Blvd Las Cruces, NM.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Retail property; Available for sale; Located in Las Cruces, New Mexico
