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Property profile & analytics
OFF-MARKET
Warehouses

1430 Thorpe Rd Las Cruces, NM 88012

11.14 ac lot Built 1949
Property ID
Property summary
AI-generated overview

This exceptional 11.14-acre industrial property in Las Cruces, New Mexico, presents a rare opportunity for various businesses. Located at 1430 E Thorpe Road, this property boasts a unique I-3 zoning, allowing for a wide range of uses, including asphalt batch plants, cannabis cultivation (subject to local regulations), recycling facilities, automotive services (body shop, parts harvesting), towing and recovery, construction equipment storage, material storage, and heavy industrial operations. The site features a main shop building with multiple suites available for lease, ranging from 756 square feet to 2,054 square feet. These suites include office space, shop areas, and ADA-compliant restrooms. The property also includes a smaller existing body shop and automotive shop with a hydraulic lift, storage bay, service bay, office, and restroom. The land is fenced and cross-fenced into separate yards, offering flexibility for various configurations. The property is comprised of four parcels, with a minimum divisible segment of one acre. Built in 1949, this property offers significant potential for expansion and customization. The asking price is $14,000. This is a truly unique heavy industrial property with ample space and diverse possibilities. Contact us today to learn more about lease options and explore the potential of this prime location in Dona Ana County, zip code 88012.

Property profile
Verified
Property type Warehouses
Year built 1949
Lot 11.14 ac (485,258 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Heritage Preserve Properties and Development, LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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