Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7636 Kings Rd Las Cruces, NM 88012
    Property profile & analytics

    7636 Kings Rd, Las Cruces, NM 88012

    View on Map
    • Land
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7636 Kings Rd

    Lot size
    1.00 lot acres
    Property type
    Land

    Description

    This exceptional one-acre lot in Las Cruces, New Mexico, presents a unique opportunity to build your dream home or place a mobile home. Located on Kings Road, this property boasts convenient access to local schools and is just a short distance from Highway 70, providing easy access to shopping, dining, and downtown amenities. The lot is situated in Doña Ana County, zip code 88012, with water readily available at the property line. While a septic system will be required, this presents a blank canvas for your ideal living space. Electricity will need to be established through a contract with El Paso Electric. Please note that the address provided (7636 Kings Rd) is a provisional address assigned by the Doña Ana County Assessors office and is not yet officially certified. This is an excellent opportunity for those seeking a buildable lot in a desirable location. The asking price for this remarkable property is $75,000. Don't miss out on this chance to create your perfect home in a convenient and growing community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.673
    Latitude
    32.4081

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      7648 Kings Rd

      Land
      7648 Kings Rd, Las Cruces, NM 88012
      View Details
    • Value Estimation by Request
      3.29 Acres

      5906 El Llano Rd

      Multifamily properties
      5906 El Llano Rd, Las Cruces, NM 88012
      View Details
    • Value Estimation by Request
      25.70 Acres

      4750 Del Rey Blvd

      Land
      4750 Del Rey Blvd, Las Cruces, NM 88012
      View Details
    • Value Estimation by Request
      2.03 Acres

      7640 Kings Rd

      Land
      7640 Kings Rd, Las Cruces, NM 88012
      View Details
    • Value Estimation by Request
      5.19 Acres

      6501 Central Ave

      Land
      6501 Central Ave, Las Cruces, NM 88012
      View Details
    • Value Estimation by Request
      160.00 Acres

      Peachtree Hills Rd

      Land
      0 Peachtree Hills Rd, Las Cruces, NM 88012
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      2.32 acres of land available for purchase.
      2999 Bataan Mem W, Las Cruces, NM 88012
      View Details
    • Contact for pricing

      40 Acres Bordering State Land

      40 acres with mountain views, bordering state land.
      36 Doubletree St, Las Cruces, NM 88012
      View Details
    • $129,900
      15.06 Acres

      Land with Mountain Views

      15.06 acres of land with 360-degree mountain views.
      Tasmania Ave, Las Cruces, NM 88012
      View Details
    • $47,500
      3.00 Acres

      Land with Mountain Views

      Two parcels totaling 4 acres near Las Cruces.
      106 Outback Dr, Las Cruces, NM 88012
      View Details
    • $100,000
      5.00 Acres

      5-Acre Vacant Land Parcel

      5-acre vacant land parcel with open space and expansive views.
      2015 Eclipse Rd, Las Cruces, NM 88012
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Near Sonoma Ranch Blvd

      Land with excellent access and high-traffic location.
      4520 Sonoma Ranch Blvd, Las Cruces, NM 88012
      View Details
    • Contact for pricing
      3,332 SF

      Retail Space with Highway Frontage

      Retail location with high traffic and signage opportunities.
      1965 Bataan Memorial, Las Cruces, NM 88012
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7636 Kings Rd
    Las Cruces, NM 88012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7636 Kings Rd, Las Cruces, NM, 88012
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!