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Property profile & analytics

1630- Hickory Loop Las Cruces, NM 88005

  • Office Properties & Spaces
  • 63,800 SF
  • 0.54 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 1630- Hickory Loop

Lot size
0.54 lot acres
Property size
63,800 SF
Property type
Office Properties & Spaces

Description

This exceptional investment opportunity encompasses a three-building, 63,800-square-foot office portfolio situated within the thriving Mesilla Valley Business Park in Las Cruces, New Mexico. The property features a mix of traditional office space and flex space, currently boasting an 81% occupancy rate across six tenants. The buildings are single-story structures, zoned C-2, offering significant potential for future growth and expansion. The portfolio sits on approximately 8.42 acres of fully developed commercial land, providing ample space for additional development or expansion of existing structures. The strategic location directly off Avenida de Mesilla, with high visibility from Interstate 10, ensures excellent accessibility and exposure. The property benefits from its proximity to major national hotel and restaurant chains, creating a vibrant and convenient environment for tenants and employees. The land parcels are also available for separate sale. This portfolio presents a compelling investment opportunity for those seeking a stable, income-producing asset with significant upside potential in a rapidly growing market. The property is located at 1630-1640 Hickory Loop, Las Cruces, NM 88005, within Doña Ana County.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Las Cruces
County
Doña Ana
State
New Mexico
Longitude
-106.792
Latitude
32.2922
More about this property
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