1430 Thorpe Rd Las Cruces, NM 88012
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.
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Heritage Preserve Properties and Development, LLC Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.