3401 Main St Las Cruces, NM 88047
This single-tenant retail/office space is ideally situated on the highly visible corner of S. Main St. and Union Ave. in Mesilla Park, New Mexico. The 12-square-foot building boasts convenient features including its own parking lot and a loading dock, enhancing operational efficiency. Access is facilitated by two potential front entrances, one of which includes a long, wheelchair-accessible ramp, ensuring inclusivity. The interior comprises three spacious areas, two bathrooms, and four smaller rooms, providing versatile space for various business needs. Additional features include a dedicated loading dock room, a utility room, and a sales counter at the entrance. The building is equipped with forced-air heating and air conditioning for year-round comfort. The lease terms are straightforward: rent is due monthly, with the first month's rent ($2500) and a security deposit of $2500 due upon lease signing. The tenant is responsible for all utilities, maintenance, and insurance. This property presents a unique opportunity for a business seeking a high-visibility location with convenient amenities in a thriving New Mexico community. The address is 3401 S Main St, Las Cruces, NM 88047.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.