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Property profile & analytics
OFF-MARKET Estimated value $690,000
Office buildings

125 Main St Las Cruces, NM 88001-1271

7,842 SF 0.1 ac lot Built 1972
Individually Owned 2-yr Hold Free & Clear
Property ID
US61-0229329
Property summary
AI-generated overview

This exceptional 1,600-square-foot office space is ideally situated at 125 S Main Street in the heart of Las Cruces, New Mexico's vibrant Central Business District (CBD). Built in 1981, this single-story building offers a single-tenant occupancy opportunity, perfect for a business seeking a prominent location and ample space. The property boasts a generous 10-parking space lot, ensuring convenient parking for employees and clients. The interior layout comprises five individual offices, a dedicated breakroom, and substantial storage areas, providing flexibility for various business needs. The zoning designation is CBD, reflecting its prime location within the city's commercial core. The property's address is 125 S Main St, Las Cruces, NM 88001, and its Doña Ana County Assessor's Parcel Number (APN) is 4-007-135-234-235. The entire 1,600 square feet is currently vacant, presenting a unique chance for immediate occupancy. This property represents a rare opportunity to establish a business presence in a high-traffic, highly visible location within the bustling downtown Las Cruces area. The building's single-story design offers easy accessibility and efficient use of space. The ample parking further enhances the property's appeal and practicality.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Total area 7,842 SF
Lot 0.1 ac (4,152 SF)
APN 4-007-135-207-210
UPID US61-0229329
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zia Comics (Bike/Boat/Book/etc) Store
  • Trust-Properties/Frilc LLC Property Management Company Real Estate Rental Agency
  • Tessa's Therapies Inc. Counselor Family Counselor
  • EnergyWorks General Contractor Renovation Specialist
  • Marva Fonseca Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$622k
Blend (final) Blend
$690k
Owner & transaction history
Troy E Stegner · 2 yrs held
Troy E Stegner
since 2024
5 recorded transactions
2024
Price N/A
2017
Price N/A
2015
Price N/A
2014
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.1M +5.9%
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