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    8493 Main St Mesilla, NM 88046

    • Office Properties & Spaces
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 8493 Main St

    Lot size
    0.24 lot acres
    Property type
    Office Properties & Spaces

    Description

    This exceptional commercial property, located at 8493 S Main Street in Mesilla, New Mexico, presents a unique investment opportunity. Priced at $279,000, this 3,348 square foot building sits on a 0.24-acre lot, offering ample space and parking. Its prime location on bustling Main Street ensures high visibility and significant foot traffic, ideal for a variety of business ventures. The property's versatility makes it suitable for a range of uses, combining commercial space with residential potential. Its strategic location offers easy access to neighboring communities, including proximity to Las Cruces, New Mexico

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mesilla
    County
    35013
    State
    New Mexico
    Longitude
    -106.796
    Latitude
    32.2715

    Comparable in this City

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      3,391 SF

      1770 Tierra De Mesilla

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      De Fuente Clle

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    • Value Estimation
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      De Prinicpal Clle

      OFFICE BUILDING • 4,173 SF
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    • Value Estimation by Request
      532 SF

      De Parian Clle

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    • Value Estimation by Request
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      De San Albino Clle

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    Similar Nearby for Sale

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    • $279,000
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      Mesilla Commercial Building and Residence

      Versatile commercial building and residence in the heart of Mesilla.
      8493 S Main St, Mesilla, NM 88046
      View Details
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    8493 Main St
    Mesilla, NM 88046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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