Property profile

1655 Main St Las Cruces, NM 88005

OFF-MARKET
Hotels
Property ID
US61-0137870
6,823 SF 0.8 ac lot Built 1943
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1943
Total area 6,823 SF
Lot 0.8 ac (34,743 SF)
Zoning code GEN-COMMERCL
APN 4-007-136-245-247
UPID US61-0137870

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
  • Hotel & Motel
  • (Bike/Boat/Book/etc) Store
  • Restaurant

Location

1655 Main St Las Cruces, NM 88005-3117
Las Cruces metro Census 901 LAS CRUCES, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2022
Price N/A

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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