1630- Hickory Loop Las Cruces, NM 88005
- Office Properties & Spaces
- 63,800 SF
- 0.54 lot acres
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
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Doña Ana
- State
- New Mexico
- Longitude
- -106.792
- Latitude
- 32.2922