1007 El Paseo Rd Las Cruces, NM 88001-6029
- Retail space
- 3,120 SF
- 0.37 lot acres
Mar 01, 2022
Current Use by Public Records
- Retail space
Property Details for 1007 El Paseo Rd
- Year built
- 1984
- Lot size
- 0.37 lot acres
- Property size
- 3,120 SF
- Zone code
- GEN-COMMERCL
- Property type
- Retail space
- APN
- 4-007-136-347-023
- APU
- 4007136347023
Description
This exceptional retail storefront opportunity is located at 1007 El Paseo Rd in Las Cruces, New Mexico, 88001. The property boasts 3,120 square feet of vacant space within a single-story building situated on a substantial 16,117 square foot lot. The asking price is $485,000, translating to $155.45 per square foot. Its prime location on one of Las Cruces' busiest roadways ensures high visibility and significant foot traffic. The building's design offers the potential for a drive-through option, adding further appeal and functionality. This is a standalone building, providing excellent independence and branding opportunities. Note that a joint sale option exists with a neighboring property at 908 S Solano Drive for a combined price of $695,000. This presents a unique opportunity for expansion or investment diversification. The property is categorized as retail, specifically a storefront, and is currently vacant, ready for immediate occupancy and customization to suit a wide range of businesses. The property is located in Doña Ana County. Detailed information regarding the joint sale opportunity is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.774
- Latitude
- 32.3005
- CBSA code
- 29740
- CBSA name
- LAS CRUCES, NM METROPOLITAN STATISTICAL AREA
