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    Property profile & analytics

    101 Watson Ln Las Cruces, NM 88005-3686

    • Refrigerated & Cold Storages
    • 44,769 SF
    • 4.99 lot acres
    OFF-MARKET
    Value Estimation
    $1,075,000
    Location Intelligence
    Property ID
    US61-1637779
    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

    • J.H. Rose Logistics / Trucking Company
    • Valley Cold Storage & Transportation / Cold Storage Facility

    Property Details for 101 Watson Ln

    Year built
    1986
    Lot size
    4.99 lot acres
    Property size
    44,769 SF
    Zone code
    I1
    Property type
    Refrigerated & Cold Storages
    APN
    4-008-138-226-205
    APU
    4008138226205

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,085,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,230,000
      6.5%
      $1,070,000
      7%
      $1,260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,060,000
      Geo Method
      $1,320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,265,000
      Retail
      $960,000
      Mixed-Use
      $1,240,000
      Hospitality
      $1,015,000
      Educational
      $1,245,000
      Residential Income
      $1,050,000
      Energy
      $1,220,000
      Income-Based Land
      $940,000
      Food Service
      $1,290,000

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.762
    Latitude
    32.2661
    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
    $41,155
    $56,553
    $1,513,067
    $1,569,620
    -
    $169,660
    $4,539,201
    $4,708,861

    Comparable in this City

    • Value Estimation
      $400,000
      2,400 SF

      1741 Hadley Ave

      COLD STORAGE • 2,400 SF
      1741 Hadley Ave, Las Cruces, NM 88005-4122
      View Details
    • Value Estimation by Request
      1,200 SF

      1128 Perkins Dr

      WAREHOUSE, STORAGE • 1,200 SF
      1128 Perkins Dr, Las Cruces, NM 88005
      View Details
    • Value Estimation by Request
      2,460 SF

      1645 Picacho Ave

      WAREHOUSE, STORAGE • 2,460 SF
      1645 Picacho Ave, Las Cruces, NM 88005-2324
      View Details
    • Value Estimation by Request
      1,190 SF

      1224 Hadley Ave

      WAREHOUSE, STORAGE • 1,190 SF
      1224 Hadley Ave, Las Cruces, NM 88005-2423
      View Details
    • Value Estimation by Request
      4,608 SF

      3800 Valdes Rd

      WAREHOUSE, STORAGE • 4,608 SF
      3800 Valdes Rd, Las Cruces, NM 88005-4330
      View Details
    • Value Estimation by Request
      13,831 SF

      1773 Buildtek Ct

      Distribution properties • 13,831 SF
      1773 Buildtek Ct, Las Cruces, NM 88005
      View Details

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      Prime 1.888-acre corner lot, M-1 zoning.
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    Similar Nearby for Lease

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      13,831 SF

      Industrial Space Available For Lease

      Industrial space for lease featuring precast concrete tilt-up construction.
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      View Details
    • $850 /Mo
      890 SF

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      Small office/warehouse suites with parking and signage.
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    • $6 SF/Yr
      5,000 SF

      Retail/Warehouse Space for Lease

      Retail and warehouse space with great visibility and storage.
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    • $2,200 /Mo
      8,250 SF

      Industrial Warehouse Space Available

      8,250 SF warehouse on a corner lot for lease.
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      View Details
    • Contact for pricing

      Amigo

      Commercial Building corner Of Valley and Picacho Avenue
      1560 Picacho Ave, Las Cruces, NM 88005
      View Details
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    101 Watson Ln
    Las Cruces, NM 88005-3686
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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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