Financial
Distress signals
Property profile

1590 E Lohman Ave Las Cruces, NM 88001

FOR SALE
Retail space
Property ID
US61-0342523
2,227 SF 0.14 ac lot Built 1950
Last sale Sep 2014
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building totaling 2,227 square feet, located on a corner lot in Las Cruces on a heavily traveled street. The interior layout is configured to accommodate multiple commercial uses, including a cannabis shop, professional offices, retail, or other compatible retail/service businesses. The building includes one bathroom and flexible interior spaces that can be tailored to specific operational needs. One office space has been leased, indicating the presence of an office configuration within the building.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$947
Tax billed · 2023
Assessed value$28k
Assessed land$13k
Assessed improvement$15k
Effective rate3.41%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k
NOI build-up
Gross scheduled income$28k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 722.84% cap applied$18k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
722.84%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GEN-COMMERCL
JurisdictionDONA ANA

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store11.8
Storage Facility10.6
Convenience Store10.2

Location

1590 E Lohman Ave Las Cruces, NM 88001
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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