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    Property profile & analytics

    920 Motel Blvd Las Cruces, NM 88007

    • Banks
    • 5,250 SF
    • 1.05 lot acres
    For Lease
    View listing
    Value Estimation
    $565,000
    Last Sale
    Nov 21, 2022
    Location Intelligence
    Property ID
    US61-0012027
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • First New Mexico Bank / Bank

    Property Details for 920 Motel Blvd

    Year built
    2021
    Lot size
    1.05 lot acres
    Property size
    5,250 SF
    Zone code
    LT-MANUFACTR
    Property type
    Banks
    APN
    4-005-135-154-233
    APU
    4005135154233

    Description

    This stunning, newly constructed executive office space offers 1,100 square feet of versatile, single-tenant occupancy in Dona Ana County. Built in 2022, the one-story building sits on a 1.05-acre lot, providing ample parking and excellent visibility for your business. The property boasts a separate entrance, ensuring privacy and convenience for your clients and staff. The modern design and efficient layout are ideal for a variety of professional uses. The spacious interior offers flexibility in design and configuration to meet your specific needs. This is a rare opportunity to secure a brand-new, high-visibility office space in a desirable location. The property's size and features make it perfect for a small business seeking a professional and easily accessible location. The ample parking ensures convenient access for employees and clients alike. Don't miss this chance to establish your business in this exceptional, newly constructed office building. The single-tenant occupancy provides complete control and privacy. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $710,000
      6.5%
      $730,000
      7%
      $715,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $725,000
      Geo Method
      $810,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $655,000
      Retail
      $820,000
      Mixed-Use
      $645,000
      Hospitality
      $695,000
      Educational
      $780,000
      Residential Income
      $715,000
      Energy
      $745,000
      Income-Based Land
      $740,000
      Food Service
      $725,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.815
    Latitude
    32.3086
    CBSA code
    29740
    CBSA name
    LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,699
    $61,100
    $545,874
    $606,974
    -
    $183,300
    $1,637,623
    $1,820,923

    Comparable in this City

    • Value Estimation
      $545,000
      10,489 SF

      3030 Picacho Ave

      FINANCIAL BUILDING • 10,489 SF
      3030 Picacho Ave, Las Cruces, NM 88007-4721
      View Details
    • Value Estimation by Request
      1,800 SF

      1300 Vly Dr

      BARBER, HAIR SALON • 1,800 SF
      1300 Vly Dr, Las Cruces, NM 88007-5128
      View Details
    • Value Estimation
      $555,000
      7,569 SF

      775 Thorpe Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,569 SF
      775 Thorpe Rd, Las Cruces, NM 88007-5881
      View Details
    • Value Estimation
      $390,000
      4,863 SF

      3918 Picacho Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,863 SF
      3918 Picacho Ave, Las Cruces, NM 88007
      View Details
    • Value Estimation
      $360,000
      600 SF

      3275 Picacho Ave

      RETAIL STORES (PERSONAL SERVICES) • 600 SF
      3275 Picacho Ave, Las Cruces, NM 88007-4765
      View Details
    • Value Estimation by Request
      2,400 SF

      2105 Dona Ana Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2105 Dona Ana Rd, Las Cruces, NM 88007-7215
      View Details

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      Prime Executive Office Space in Dona Ana County

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      920 Motel Blvd, Las Cruces, NM 88007
      View Details
    • $11 SF/Yr
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    Las Cruces, NM 88007
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    Realmo Value Estimation

    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.

    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.

    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
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