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    Property profile & analytics

    1025 Spruce Ave Las Cruces, NM 88001-2359

    • Retail space
    • 2,760 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    Nov 10, 2020
    Location Intelligence
    Property ID
    US61-0298603
    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

    • Retail space

    Property Details for 1025 Spruce Ave

    Year built
    1978
    Lot size
    0.55 lot acres
    Property size
    2,760 SF
    Zone code
    GEN-COMMERCL
    Property type
    Retail space
    APN
    4-007-134-444-325
    APU
    4007134444325

    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
    -106.771
    Latitude
    32.3213
    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
    $3,766
    $27,951
    $82,490
    $110,441
    -
    $83,853
    $247,471
    $331,324

    Comparable in this City

    • Value Estimation by Request
      3,406 SF

      340 Campo St

      RETAIL STORES (PERSONAL SERVICES) • 3,406 SF
      340 Campo St, Las Cruces, NM 88001-3433
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    • Value Estimation by Request
      2,420 SF

      1114 Espanola St

      RETAIL STORES (PERSONAL SERVICES) • 2,420 SF
      1114 Espanola St, Las Cruces, NM 88001-4104
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    • Value Estimation by Request
      3,018 SF

      2260 Locust St

      RETAIL STORES (PERSONAL SERVICES) • 3,018 SF
      2260 Locust St, Las Cruces, NM 88001-5752
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    • Value Estimation by Request
      1,680 SF

      403 Lohman Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      403 Lohman Ave, Las Cruces, NM 88001-3665
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    • Value Estimation by Request
      3,443 SF

      140 Madrid Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,443 SF
      140 Madrid Ave, Las Cruces, NM 88001-1651
      View Details
    • Value Estimation by Request
      4,398 SF

      900 Solano Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,398 SF
      900 Solano Dr, Las Cruces, NM 88001-3802
      View Details

    Similar Nearby for Sale

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      High-Traffic Commercial Property, Las Cruces

      Prominent corner lot with high visibility and income potential.
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      Prime Lohman Ave. Retail Space

      11,754 SF Storefront - High Traffic
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    Similar Nearby for Lease

    • $10 SF/Yr
      2,199 SF

      Retail Space Near NMSU

      Retail space with access to high-income demographics and student population.
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      Retail space featuring an office area and bathroom with shower.
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      5,492 SF

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      Retail spaces available in high-traffic area near university.
      1404-1480 Missouri Ave, Las Cruces, NM 88001
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    • $12 SF/Yr
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      Retail Center Space For Rent

      Grocery anchored retail center in high traffic area.
      1253 El Paseo Rd, Las Cruces, NM 88001
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      Retail Space in Las Cruces

      Retail space available for lease in Las Cruces, NM.
      2300 N Main St, Las Cruces, NM 88001
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    • $25 SF/Yr
      9,000 SF

      Prime Retail Location Near NMSU

      High-traffic retail space near convention center and university.
      655 E University Ave, Las Cruces, NM 88001
      View Details
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    1025 Spruce Ave
    Las Cruces, NM 88001-2359
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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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