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Property profile & analytics
FOR LEASE
Office Spaces

201 N Church St Las Cruces, NM 88001

12,922 SF 1.47 ac lot Built 1983
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US61-1250199
201 N Church St, Las Cruces, NM 88001 For Lease
$22 SF/Yr
201 N Church St, Las Cruces, NM 88001
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Property summary
AI-generated overview

The BMO Building, a three-story, 46,848 square foot executive office building, presents a unique opportunity in the heart of the historic downtown district. Built in 1983, this single building sits on a 1.47-acre lot and offers multiple tenancy options, with available spaces ranging from 690 to 6,760 square feet. The building boasts 63 total parking spaces, providing ample convenience for tenants and their clients. A modern elevator ensures easy access to all three floors. The property's DDC-MS zoning allows for a variety of commercial uses. Its prime location offers exceptional walkability to a diverse array of restaurants, entertainment venues, and governmental services. Tenants will enjoy great office views and the benefit of a full-service lease, including janitorial services. This is an exceptional opportunity to secure prestigious office space in a vibrant and convenient downtown location. The building's address is conveniently located near W Las Cruces Ave. This property offers a blend of classic architecture and modern amenities, making it an ideal location for businesses seeking a prominent downtown presence.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1983
Construction CONCRETE
Total area 12,922 SF
Lot 1.47 ac (64,033 SF)
Zoning code CBD
APN 4-007-135-233-152
UPID US61-1250199
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
  • Smith Engineering Company (Las Cruces Office) Engineering Consultant Civil Engineer
  • BMO Bank Loan Service
  • las cruces park ridge Apartment Building
  • Valdez Diana Law Firm
  • Henry J. Paoli | Attorney at ScottHulse PC - Las Cruces Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.77M
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.62M
Owner & transaction history
Las Cruces Tecnology Hub LLC · 3 yrs held
Las Cruces Tecnology Hub LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
CBD · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.8M +58.4%
Office building $1.7M +49.5%
Auto repair, garage $1.5M +35.8%
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