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    300 Walnut St Las Cruces, NM 88001

    • Office buildings
    • 2,004 SF
    • 6.34 lot acres
    For Sale
    View listing
    $1,380,852
    Value Estimation
    Location Intelligence
    Property ID
    US61-0154025
    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

    • Green Lizard, LLC / Landscaper / Landscape Designer
    • Happy Haul Dumpster Service / Dumpster Rental Service

    Property Details for 300 Walnut St

    Year built
    1950
    Lot size
    6.34 lot acres
    Property size
    2,004 SF
    Zone code
    HVY-MANUFACT
    Property type
    Office buildings
    APN
    4-008-135-361-068
    APU
    4008135361068

    Description

    This exceptional 6.34-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Las Cruces, New Mexico. Located at 300 S Walnut St, this property boasts an enviable M-2 zoning designation, unlocking a wide array of development possibilities. Its strategic location near major retail establishments ensures high visibility and accessibility, benefiting from significant traffic flow at a busy intersection. The surrounding area demonstrates strong demographics, with a population exceeding 117,000 within a 5-mile radius and an average household income of $60,716, creating a robust potential customer base. This property is ideal for developers seeking to construct a build-to-suit project or investors looking for a high-return venture. The asking price for this prime commercial land is $1,380,852. Situated in Doña Ana County, with a zip code of 88001, this 6.34-acre lot offers unparalleled potential for growth and profitability in a dynamic and expanding market. The property's location provides easy access and maximum visibility, making it an exceptional opportunity for businesses seeking a prominent presence in Las Cruces. Don't miss this chance to acquire a piece of prime commercial real estate in a rapidly growing area. Detailed information and site plans are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.757
    Latitude
    32.3134
    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
    $7,479
    $184,077
    $35,238
    $219,315
    -
    $552,230
    $105,714
    $657,944

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    300 Walnut St
    Las Cruces, NM 88001
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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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