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Property profile & analytics
OFF-MARKET
Land

1430 Thorpe Rd Las Cruces, NM 88012

Property ID
Property summary
AI-generated overview

This exceptional 3.09-acre commercial land parcel in Las Cruces, New Mexico, presents a unique investment opportunity. Located at 1430 E Thorpe Road (APN 4006129089442), this property boasts I-3 zoning, offering diverse development possibilities. The site includes a fenced perimeter, existing water and electric utilities, and a metal frame shop building with three available suites. The main building features an ADA-compliant restroom. The property is part of the Thorpe Industrial Park and benefits from 24/7 on-site security. Potential uses are numerous and include, but are not limited to: asphalt/batch plant, cannabis cultivation (subject to applicable regulations), recycling center, body shop, automotive repair, towing and recovery services, construction equipment/semi-trailer drop lots, material storage (indoor/outdoor), heavy equipment parking and service, and other heavy industrial operations. Various land configurations are available for lease, with build-to-suit options possible. This is a rare opportunity to acquire a substantial heavy industrial property in a desirable location. The property is single-tenant and offers significant potential for growth and development within a secure and well-maintained industrial park. The property's location in Las Cruces, NM, zip code 88012, provides easy access to major transportation routes.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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