465 Industrial Ave Santa Teresa, NM 88044
This exceptional Class A industrial facility, built in 2015, offers 215,256 square feet of space on 14.06 acres in Doña Ana County's El Paso/Las Cruces submarket. The building boasts a 32-foot clear height, 20 loading docks with 20 dock-high doors, and ample parking (43 trailer and 49 car spaces) plus one drive-in. Features include existing office space, an air-conditioned area suitable for a QC lab, production, or assembly, and an ESFR sprinkler system. A secure, fenced-in truck court with trailer staging is also available. The property offers significant expansion potential with adjacent land capable of supporting a 45,000-square-foot addition. Strategically located five miles north of the US-Mexico border and the Santa Teresa Port of Entry, this facility provides logistical advantages including faster processing and border crossings compared to alternative routes. It enjoys proximity to the Union Pacific Intermodal Terminal, Doña Ana County International Jetport, and I-10. Benefit from lower occupancy costs due to New Mexico's lower property taxes and higher permitted truck weights compared to Texas. The building is CTPAT ready and available for immediate occupancy. This is a truly exceptional opportunity for businesses seeking a modern, efficient, and strategically located industrial 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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