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Property profile & analytics
FOR LEASE
Retail space
1770 S Telshor Blvd, Las Cruces, NM 88011
Entity Owned
Free & Clear
Property ID
US61-0248405
For Lease
1 / 2
$14 SF/Yr
1770 S Telshor Blvd, Las Cruces, NM 88011
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
FRAME
Total area
7,472 SF
Lot
1.04 ac (45,390 SF)
Zoning code
NEIGH-COMMER
APN
4-009-136-440-030
UPID
US61-0248405
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
-
Circle K | Gas Station Gas Station
-
Leah Rose Health Insurance Services Insurance Agency
-
PicQuik Grocery & Convenience Store
-
Circle K Grocery & Convenience Store
-
Styles In Motion LLC Dance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gfm Telshor LLC
Gfm Telshor LLC
since 2025
2 recorded transactions
Zoning & alternative use
NEIGH-COMMER · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Cruces submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Cruces submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,166
Tax year 2023
Assessed value
$327,433
Assessed 2023
Previous assessed
$327,433
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$90,780
Assessed improvement
$236,653
Land market value
$272,340
Improvement market value
$709,960
Total market value
$982,300
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1997
Construction
FRAME
Heating
NONE
Total area
7,472 SF
Lot
1.04 ac (45,390 SF)
Zoning code
NEIGH-COMMER
APN
4-009-136-440-030
UPID
US61-0248405
Jurisdiction
DONA ANA
Zoning & alternative use
NEIGH-COMMER · Las Cruces, NM
Zoning NEIGH-COMMER · permitted uses
NEIGH-COMMER · Las Cruces, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Las Cruces. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Gfm Telshor LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 3119, MESILLA PARK, NM 88047-3119
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
—
Gfm Telshor LLC
Mark Carter Mckinney
Special Warranty Deed
—
Dec 15, 2021
—
Cirle K Stores INC
Pic Quick Stores INC
Lease
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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