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Property profile & analytics

1030 El Paseo Rd Las Cruces, NM 88001

  • Turn key restaurants
  • 4,658 SF
  • 1.21 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US61-0007211
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

  • mycbdplus/MycannabisPlus / (Bike/Boat/Book/etc) Store

Property Details for 1030 El Paseo Rd

Year built
1969
Lot size
1.21 lot acres
Property size
4,658 SF
Zone code
GEN-COMMERCL
Property type
Turn key restaurants
APN
4-007-136-348-058
APU
4007136348058

Description

This exceptional 4,658 square foot freestanding retail building, ideally suited for a restaurant, is available for lease. Situated on a 1.2-acre lot, this property boasts ample parking, a significant advantage in a high-traffic area. The building has undergone recent renovations, presenting a move-in ready opportunity for a discerning tenant. Its strategic location off El Paseo Road, one of Las Cruces' busiest thoroughfares, ensures high visibility and accessibility to a large customer base. The C-2 zoning allows for a variety of commercial uses, making this property incredibly versatile. The spacious layout provides ample room for both front-of-house and back-of-house operations, catering to the needs of a thriving restaurant business. The property's single-tenancy status offers exclusivity and control. For a business seeking a prominent location with excellent visibility and ample space, this property represents an unparalleled opportunity. The owner is open to considering seller financing, making this an even more attractive proposition for qualified buyers. This is a rare chance to secure a prime retail space in a thriving commercial corridor. Don't miss out on this exceptional opportunity to establish or expand your business in a high-demand location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Las Cruces
County
Dona Ana
State
New Mexico
Longitude
-106.775
Latitude
32.2995
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
$4,578
$83,125
$51,108
$134,233
-
$249,375
$153,325
$402,700
More about this property
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