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Property profile & analytics
OFF-MARKET
Specialty properties

1430 Thorpe Rd Las Cruces, NM 88012

6,451 SF 11.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.14-acre industrial property in Las Cruces, New Mexico, presents a rare investment opportunity. Located at 1430 Thorpe Rd, 88012, within Doña Ana County, this property boasts 6,451 square feet of total building space across four separate buildings, each single-story. The flexible layout allows for multiple tenancy options, with a minimum divisible space of 756 square feet and a maximum contiguous space of 2,021 square feet. The property features ample parking with 200 spaces available. The land encompasses a substantial 485,258 square feet, offering significant expansion potential. The property is zoned I3 Heavy Industrial, providing a wide range of permitted uses. Potential uses include, but are not limited to, indoor/outdoor cannabis cultivation (subject to local regulations), auto salvage, recycling, body shops, automotive services, towing and recovery, indoor/outdoor storage, heavy equipment parking and service, and other heavy industrial operations. The property is fully fenced and offers the possibility of a ground lease, with tenant improvements negotiable. The property's Class C designation reflects its potential for renovation and modernization. Three spaces are currently available for lease. This unique property is ideal for businesses seeking a large, versatile space in a prime industrial location. Multiple APNs are associated with this property. Electricity is available on-site.

Property profile
Verified
Property type Specialty properties
Total area 6,451 SF
Lot 11.14 ac (485,258 SF)
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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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