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    Property profile & analytics

    1305 Brown Rd Las Cruces, NM 88005-3046

    • Distribution centers
    • 2,400 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 09, 2024
    Location Intelligence
    Property ID
    US61-0286575
    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

    • Distribution centers

    Property Details for 1305 Brown Rd

    Year built
    1971
    Lot size
    0.67 lot acres
    Property size
    2,400 SF
    Zone code
    GEN-COMMERCL
    Property type
    Distribution centers
    APN
    4-006-136-469-120
    APU
    4006136469120

    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
    -106.788
    Latitude
    32.298
    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
    $1,324
    $29,185
    $9,642
    $38,827
    -
    $87,555
    $28,925
    $116,480

    Comparable in this City

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      $390,000
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      530 Compress Rd

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      401 Mesilla St

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      3,640 SF

      1655 Picacho Ave

      DISTRIBUTION WAREHOUSE • 3,640 SF
      1655 Picacho Ave, Las Cruces, NM 88005-2324
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    • Value Estimation by Request
      4,744 SF

      407 Archuleta Rd

      Distribution properties • 4,744 SF
      407 Archuleta Rd, Las Cruces, NM 88005
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing

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      Industrial Warehouse Space Available

      8,250 SF warehouse on a corner lot for lease.
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      View Details
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    1305 Brown Rd
    Las Cruces, NM 88005-3046
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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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