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Property profile & analytics
OFF-MARKET
Warehouses

950 Industrial Ave Santa Teresa, NM 88008

220,895 SF Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 220,895 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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