950 Industrial Ave Santa Teresa, NM 88008
This exceptional Class A industrial warehouse, part of the Westpark Logistics Center in Santa Teresa, New Mexico, offers 146,709 square feet of immediately available space within a larger 220,895 square foot building. Built in 2023, this state-of-the-art facility boasts a 32-foot ceiling height, 30 dock-high doors, and one drive-in door, ideal for efficient distribution and warehousing operations. The minimum divisible space is 50,000 square feet, offering flexibility for various business needs. Located in Doña Ana County, this property benefits from excellent access to major transportation routes and is strategically positioned to serve the Las Cruces, El Paso, and Ciudad Juárez metropolitan areas. The Westpark Logistics Center is a master-planned industrial park with significant infrastructure investment, including readily available utilities (water, electric, sewer, and fiber) and wide roads (Industrial Avenue and Colton Road are 40 feet wide, Bailey Road is 32 feet wide) designed to handle heavy industrial and distribution traffic. The property is part of a larger development totaling over 1.4 million square feet of leased warehouse space, and the site can accommodate new construction to meet diverse requirements. This is a prime opportunity for businesses seeking modern, efficient, and strategically located warehouse space.
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.