Back to Search
Property profile & analytics
FOR SALE
Bars & Pubs
101 Un Ave Las Cruces, NM 88005
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0176961
For Sale
1 / 11
Contact for pricing
101 Un Ave, Las Cruces, NM 88005
View Listing →
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1988
Construction
FRAME
Total area
13,365 SF
Lot
2.08 ac (90,605 SF)
Zoning code
LT-MANUFACTR
APN
4-008-137-169-362
UPID
US61-0176961
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
-
Whiskey Dicks Las Cruces Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$811k
Blend (final)
Blend
$420k
Owner & transaction history
Union Avenue LLC · 13 yrs held
Union Avenue LLC
since 2012
7 recorded transactions
Zoning & alternative use
LT-MANUFACTR · Las Cruces, NM
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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$420k
Range $378k – $462k · ±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
$31 / 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
$10,913
Tax year 2023
Assessed value
$320,013
Assessed 2023
Previous assessed
$320,013
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$55,873
Assessed improvement
$264,140
Land market value
$167,619
Improvement market value
$792,421
Total market value
$960,040
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
Bars & Pubs
Use group
BAR, TAVERN
Status
For Sale
Year built
1988
Construction
FRAME
Heating
NONE
Total area
13,365 SF
Lot
2.08 ac (90,605 SF)
Zoning code
LT-MANUFACTR
APN
4-008-137-169-362
UPID
US61-0176961
Jurisdiction
DONA ANA
Zoning & alternative use
LT-MANUFACTR · Las Cruces, NMZoning LT-MANUFACTR · permitted uses
LT-MANUFACTR · 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
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
NONE
Lot
2.08 ac
Current owner
From public records · entity-resolved
Union Avenue LLC
Entity
Mailing address
11501 CHITO SAMANIEGO DR, EL PASO, TX 79936-7424
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2019
—
Union Avenue LLC
—
Deed
related
$1,691,150 · Western Heritage Bk
Aug 7, 2017
—
Union Avenue LLC
—
Deed
related
$179,310 · United Bk/el Paso Del Norte
Dec 28, 2016
—
Union Avenue LLC
—
Deed
related
$179,310 · United Bk/el Paso Del Norte
Dec 21, 2012
—
Union Avenue LLC
City Of Las Cruces
Warranty Deed
$800,000 · Charles Haddad
—
—
Union Avenue LLC
—
Deed Of Trust
related
$300,000 · United Bk/el Paso Del Norte
—
—
Union Avenue LLC
—
Deed Of Trust
related
$1,350,000 · United Bk/el Paso Del Norte
—
—
Union Avenue LLC
—
Deed Of Trust
related
$1,691,150 · Western Heritage Bk
—
—
Union Avenue LLC
—
Loan Modification
related
$1,257,422 · United Bk/el Paso Del Norte
—
—
Union Avenue LLC
—
Deed Of Trust
related
$179,310 · United Bk/el Paso Del Norte
—
—
Union Avenue LLC
—
Deed Of Trust
related
$179,310 · United Bk/el Paso Del Norte
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
