Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    109 Corpening Ave La Mesa, NM 88044-9713

    • Turn key restaurants
    • 3,500 SF
    • 1.48 lot acres
    OFF-MARKET
    Value Estimation
    $515,000
    Last Sale
    Apr 10, 2023
    Location Intelligence
    Property ID
    US61-0753317
    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

    • Turn key restaurants

    Property Details for 109 Corpening Ave

    Year built
    1991
    Lot size
    1.48 lot acres
    Property size
    3,500 SF
    Zone code
    T5
    Property type
    Turn key restaurants
    APN
    4-011-148-342-203
    APU
    4011148342203

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Mesa
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.707
    Latitude
    32.1207
    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
    $3,572
    $9,000
    $97,957
    $106,957
    -
    $27,000
    $293,872
    $320,872

    Comparable in this City

    • Value Estimation by Request
      1,456 SF

      16165 Hwy 28

      BAR, TAVERN • 1,456 SF
      16165 Hwy 28, La Mesa, NM 88044
      View Details
    • Value Estimation
      $500,000
      4,346 SF

      7055 Bi National Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,346 SF
      7055 Bi National Ave, La Mesa, NM 88044
      View Details
    • Value Estimation
      $495,000
      11,249 SF

      108 Corpening Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,249 SF
      108 Corpening Ave, La Mesa, NM 88044-9713
      View Details
    • Value Estimation
      $350,000
      5.41 Acres

      8075 Chihuahua Pacifico Avda

      PARKING GARAGE, PARKING STRUCTURE • 5.41 Acres
      8075 Chihuahua Pacifico Avda, La Mesa, NM 88044
      View Details
    • Value Estimation by Request
      215,256 SF

      465 Industrial Ave

      Distribution properties • 215,256 SF
      465 Industrial Ave, Santa Teresa, NM 88044
      View Details
    • Value Estimation
      $645,000
      14,247 SF

      4851 Avenida Creel

      OFFICE BUILDING • 14,247 SF
      4851 Avenida Creel, La Mesa, NM 88044
      View Details

    Similar Nearby for Sale

    • $249,000

      La Mesa NM Multifamily Investment

      Two Mobile Home Rental Portfolio, $249K
      205 San Miguel St, La Mesa, NM 88044
      View Details
    • Contact for pricing
      400.25 Acres

      Prime 400-Acre Industrial Farmland

      Vast New Mexico acreage, ideal for farming.
      1201 Afton Rd, La Mesa, NM 88044
      View Details
    • $200,000
      2.98 Acres

      Land Near Highway 28 Brewery

      2.89-acre parcel with highway frontage, potential for commercial business.
      10092 Provencio Rd, La Mesa, NM 88044
      View Details
    • $180,000
      0.82 Acres

      Two Mobile Homes on Acreage

      Two mobile homes on 0.82 acres with pecan trees.
      205 E San Miguel St, La Mesa, NM 88044
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Industrial Land in Santa Teresa

      20-Acre Industrial Lot, Single Tenant
      181 Industrial Ave, La Mesa, NM 88044
      View Details
    • Contact for pricing
      215,256 SF

      Prime Industrial Space in Santa Teresa

      215,256 SF Manufacturing/Warehouse
      465 Industrial Ave, Santa Teresa, NM 88044
      View Details
    • Contact for pricing
      20 SF

      Industrial Land Near Santa Teresa

      20 acres of industrial land adjacent to Santa Teresa Port.
      201 Industrial Ave, Santa Teresa, NM 88044
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    109 Corpening Ave
    La Mesa, NM 88044-9713
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.