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Property profile & analytics

195 Mesquite St Las Cruces, NM 88001

  • Turn key restaurants
  • 1,971 SF
  • 0.45 lot acres
Value Estimation
Location Intelligence
Property ID
US61-0246134
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

  • La Nueva Casita Café / Mexican Restaurant / Caterer

Property Details for 195 Mesquite St

Year built
1950
Construction
ADOBE
Lot size
0.45 lot acres
Property size
1,971 SF
Zone code
GEN-COMMERCL
Property type
Turn key restaurants
APN
4-007-135-358-166
APU
4007135358166

Description

This exceptional turnkey restaurant and building in Las Cruces, New Mexico, presents a rare investment opportunity. Located at 195 N Mesquite St, this 1,971 square foot establishment sits on a 19,396 square foot lot (APN: 4-007-135-358-166) and is zoned C2. Built in 1950 with renovations done at various times, the property boasts 100% occupancy and is currently operating as a highly successful restaurant. The asking price is $499,000, and owner financing may be considered with a substantial down payment. Included in the sale are the business, equipment (excluding outside sheds and an Alto-Shaam electric oven, which are negotiable), and the real estate itself. The property has a single tenant with a credit-rated lease under a gross lease structure. This highly-rated restaurant has received numerous accolades, including top rankings on TripAdvisor, Google, and Yelp, and was even recognized for its menudo. Financial details are available upon request. Please schedule a showing to explore this lucrative opportunity. Do not disturb employees.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Las Cruces
County
Dona Ana
State
New Mexico
Longitude
-106.774
Latitude
32.3112
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
$1,119
$12,931
$19,887
$32,818
-
$38,792
$59,662
$98,454
More about this property
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