Property profile

1602 Solano Dr Las Cruces, NM 88001

OFF-MARKET
Drive through restaurants
Property ID
US61-0292562
1,380 SF 0.32 ac lot Built 1968
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1968
Total area 1,380 SF
Lot 0.32 ac (14,000 SF)
Zoning code GEN-COMMERCL
APN 4-008-136-266-199
UPID US61-0292562

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1602 Solano Dr Las Cruces, NM 88001-5407
Las Cruces metro Census 902 LAS CRUCES, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2020
1 recorded transaction
2020
$195,000

Zoning & alternative use

GEN-COMMERCL · Las Cruces, NM

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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