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    Property profile & analytics

    1045 Main St Las Cruces, NM 88005-2918

    • Hotels
    • 1,463 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Mar 11, 2022
    Location Intelligence
    Property ID
    US61-0338539
    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

    • Drop In Counseling / Counselor

    Property Details for 1045 Main St

    Year built
    1946
    Lot size
    0.89 lot acres
    Property size
    1,463 SF
    Zone code
    GEN-COMMERCL
    Property type
    Hotels
    Property subtype
    Motels
    APN
    4-007-136-236-022
    APU
    4007136236022

    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
    -106.778
    Latitude
    32.3006
    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
    $2,873
    $48,460
    $35,773
    $84,233
    -
    $145,380
    $107,320
    $252,700

    Comparable in this City

    • Value Estimation
      $755,000
      10,380 SF

      1765 Main St

      HOTEL/MOTEL • 10,380 SF
      1765 Main St, Las Cruces, NM 88005-3116
      View Details
    • Value Estimation
      $500,000
      7,629 SF

      245 La Posada Ln

      HOTEL/MOTEL • 7,629 SF
      245 La Posada Ln, Las Cruces, NM 88005-3370
      View Details
    • Value Estimation
      $435,000
      6,634 SF

      800 Main St

      HOTEL/MOTEL • 6,634 SF
      800 Main St, Las Cruces, NM 88005-2923
      View Details
    • Value Estimation
      $400,000
      3,963 SF

      1900 Picacho Ave

      HOTEL/MOTEL • 3,963 SF
      1900 Picacho Ave, Las Cruces, NM 88005-2344
      View Details
    • Value Estimation
      $450,000
      5,877 SF

      2350 Turrentine Dr

      HOTEL/MOTEL • 5,877 SF
      2350 Turrentine Dr, Las Cruces, NM 88005
      View Details
    • Value Estimation
      $440,000
      6,823 SF

      1655 Main St

      HOTEL/MOTEL • 6,823 SF
      1655 Main St, Las Cruces, NM 88005-3117
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.54 Acres

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      Prime NM land, flexible options.
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      Spacious lot with mountain views and utilities in place.
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      Three-acre lot suitable for custom home development with mountain views.
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      Land with City Views

      2.2 acres near Highway 70, close to amenities.
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    Similar Nearby for Lease

    • $950,000
      12,000 SF

      Functional Warehouse with Secured Yard

      Functional warehouse with office, dock, fenced yard, climate control.
      400 N 17Th St, Las Cruces, NM 88005
      View Details
    • $6,000 /Mo

      Land Parcel For Lease

      1.8199 acre land parcel for lease or build-to-suit.
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    • Contact for pricing

      Amigo

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      1560 Picacho Ave, Las Cruces, NM 88005
      View Details
    • Contact for pricing

      Las Cruces Office & Land Opportunity

      Prime Commercial Property, Single Tenant
      410 Valley Dr, Las Cruces, NM 88005
      View Details
    • $3,500 /Mo
      21,780 SF

      Las Cruces Office Retail Space

      Office space with retail possibilities in Las Cruces, NM.
      2001 S Valley Dr, Las Cruces, NM 88005
      View Details
    • $4,000 /Mo
      10,890 SF

      Las Cruces Commercial Space Available

      Office/showroom space for rent in Las Cruces, New Mexico.
      2001 S Valley Dr, Las Cruces, NM 88005
      View Details
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    1045 Main St
    Las Cruces, NM 88005-2918
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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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