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Property profile & analytics
OFF-MARKET
Office Spaces

560 Water St Las Cruces, NM 88001

3,651 SF 0.43 ac lot Built 1959
Property ID
Property summary
AI-generated overview

This exceptional 3,651 square foot office building presents a rare opportunity in the heart of Las Cruces' Central Business District (CBD). Situated on a 0.43-acre lot, this single-tenant property offers a substantial space ideal for a variety of businesses. Built in 1959, the building is classified as Class C and boasts a traditional office layout, perfect for established companies seeking a well-located, functional workspace. The property's zoning designation as CBD ensures access to a vibrant urban environment, with high foot traffic and proximity to amenities. The building's substantial size provides ample room for expansion or customization to meet specific business needs. This is an excellent opportunity to secure a prominent location in a thriving downtown area. The property's address is 560 N Water St., and its Assessor's Parcel Number (APN) is 4-007-135-178-084. This single-tenant occupancy offers a unique opportunity for a business seeking a dedicated and established space in a high-demand location. The building's age provides a unique character, while its size and location offer significant potential for growth and success. The property's central location within the CBD ensures easy access to a wide range of services, businesses, and transportation options. Serious inquiries are encouraged to explore the possibilities of this well-positioned commercial property. The building's traditional office layout provides a classic and functional workspace, ready for immediate occupancy.

Property profile
Verified
Property type Office Spaces
Year built 1959
Total area 3,651 SF
Lot 0.43 ac (18,731 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
Current use
Occupant on record · Public records
  • Martos Manuel CPA Accounting Firm Tax Preparation
  • Schwalm Martos & Co PC Tax Preparation
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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