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    Property profile & analytics

    18617 Hwy 28 La Mesa, NM 88044-9339

    • Industrial properties
    • 1,328 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 07, 2023
    Location Intelligence
    Property ID
    US61-0018464
    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

    • Industrial properties

    Property Details for 18617 Hwy 28

    Year built
    1950
    Construction
    ADOBE
    Lot size
    0.27 lot acres
    Property size
    1,328 SF
    Zone code
    T3
    Property type
    Industrial properties
    APN
    4-010-146-193-209
    APU
    4010146193209

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Mesa
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.728
    Latitude
    32.1502
    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
    $292
    $3,333
    $5,402
    $8,735
    -
    $10,000
    $16,205
    $26,205

    Comparable in this City

    • Value Estimation by Request
      215,256 SF

      465 Industrial Ave

      Distribution properties • 215,256 SF
      465 Industrial Ave, Santa Teresa, NM 88044
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    • Value Estimation by Request
      400.25 Acres

      1201 Afton Rd

      Land • 400.25 Acres
      1201 Afton Rd, La Mesa, NM 88044
      View Details
    • Value Estimation by Request

      181 Industrial Ave

      Land
      181 Industrial Ave, La Mesa, NM 88044
      View Details
    • Value Estimation by Request
      1,669 SF

      220 Florida St

      INDUSTRIAL (GENERAL) • 1,669 SF
      220 Florida St, La Mesa, NM 88044
      View Details
    • Value Estimation
      $605,000
      9,878 SF

      110 Onnies Acres Rd, Unit 3

      INDUSTRIAL (GENERAL) • 9,878 SF
      110 Onnies Acres Rd, La Mesa, NM 88044
      View Details
    • Value Estimation by Request
      2,709 SF

      111 Chopes St

      INDUSTRIAL (GENERAL) • 2,709 SF
      111 Chopes St, La Mesa, NM 88044-9384
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      400.25 Acres

      Prime 400-Acre Industrial Farmland

      Vast New Mexico acreage, ideal for farming.
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      View Details
    • $249,000

      La Mesa NM Multifamily Investment

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    • $200,000
      2.98 Acres

      Land Near Highway 28 Brewery

      2.89-acre parcel with highway frontage, potential for commercial business.
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    • $180,000
      0.82 Acres

      Two Mobile Homes on Acreage

      Two mobile homes on 0.82 acres with pecan trees.
      205 E San Miguel St, La Mesa, NM 88044
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Industrial Land in Santa Teresa

      20-Acre Industrial Lot, Single Tenant
      181 Industrial Ave, La Mesa, NM 88044
      View Details
    • Contact for pricing
      215,256 SF

      Prime Industrial Space in Santa Teresa

      215,256 SF Manufacturing/Warehouse
      465 Industrial Ave, Santa Teresa, NM 88044
      View Details
    • Contact for pricing
      20 SF

      Industrial Land Near Santa Teresa

      20 acres of industrial land adjacent to Santa Teresa Port.
      201 Industrial Ave, Santa Teresa, NM 88044
      View Details
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    18617 Hwy 28
    La Mesa, NM 88044-9339
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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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