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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Office buildings
100 Wyatt Dr Las Cruces, NM 88005-2922
Individually Owned
2-yr Hold
Free & Clear
Property ID
US61-1644776
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
4,370 SF
Lot
0.62 ac (26,875 SF)
Zoning code
GEN-COMMERCL
APN
4-007-136-220-088
UPID
US61-1644776
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
-
Yearout Service LLC HVAC Service General Contractor
-
Donohue Land Surveys Land Surveyor
-
SRIRENGAM MURALIDHASAN Pediatrician Physician
-
BRENDA CUELLAR DE ORELLANA Pediatrician Physician
-
Santa Fe Home Care of New Mexico, Inc. Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$588k
Blend (final)
Blend
$610k
Owner & transaction history
Margarita H Perez · 2 yrs held
Margarita H Perez
since 2024
7 recorded transactions
Zoning & alternative use
GEN-COMMERCL · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
land development code
Top alternative use upside
Auto repair, garage
$515,000
+9.2%
Commercial (general)
$490,000
+3.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Cruces submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Cruces submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$470,000
Current use
AUTO REPAIR, GARAGE
$515,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$490,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$140 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,220
Tax year 2023
Assessed value
$153,056
Assessed 2023
Previous assessed
$153,056
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$33,594
Assessed improvement
$119,462
Land market value
$100,781
Improvement market value
$358,385
Total market value
$459,166
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Heating
NONE
Total area
4,370 SF
Lot
0.62 ac (26,875 SF)
Zoning code
GEN-COMMERCL
APN
4-007-136-220-088
UPID
US61-1644776
Jurisdiction
DONA ANA
Zoning & alternative use
GEN-COMMERCL · Las Cruces, NMZoning GEN-COMMERCL · permitted uses
GEN-COMMERCL · Las Cruces, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
land development code
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$490,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
Margarita H Perez
Individual
Free & Clear · 2 yrs held
Mailing address
100 WYATT DR, LAS CRUCES, NM 88005-2922
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2024
—
Margarita H Perez
Larry R Tafoya
Warranty Deed
—
Sep 26, 2023
—
Gerald Kent Donohue
Gerald Kent Donohue
Intrafamily Transfer
related
—
Jun 21, 2021
$50,000
Antonio Gonzalez JR
Gabriel Ibarra Perez
Land Contract
$40,000 · Not Available
Jun 8, 2021
—
Timothy Ralph Flores
Timothy Ralph Flores
Intrafamily Transfer
related
—
Oct 16, 2018
—
Lorenzo Rodriguez JR
Lorenzo Rodriguez
Quit Claim Deed
related
—
Oct 6, 2017
—
Donohue,gerald K Living Trust
Donohue,gerald K
Quit Claim Deed
related
—
Jul 6, 2017
—
Gerald K Donohue
Donohue,ana R
Quit Claim Deed
related
—
Oct 2, 2007
—
Gerald Donohue
Pai Vittal T & Geetha Trust
Warranty Deed
$3,500,000 · First New Mexico Bk Las Cruces
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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