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    Property profile & analytics

    2155 Picacho Ave, Unit 43 Las Cruces, NM 88007-2319

    • Motels
    • 13,198 SF
    • 1.72 lot acres
    OFF-MARKET
    Value Estimation
    $460,000
    Last Sale
    Jul 03, 2024
    Location Intelligence
    Property ID
    US61-0282670
    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

    • Western Inn Motel / Motel
    • The way / Nail Salon

    Property Details for 2155 Picacho Ave

    Year built
    1962
    Lot size
    1.72 lot acres
    Property size
    13,198 SF
    Zone code
    GEN-COMMERCL
    Property type
    Motels
    APN
    4-005-135-395-172
    APU
    4005135395172

    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
    -106.807
    Latitude
    32.311
    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
    $6,124
    $99,897
    $79,678
    $179,575
    -
    $299,692
    $239,033
    $538,725

    Comparable in this City

    • Value Estimation
      $380,000
      7,497 SF

      2255 Picacho Ave

      MOTEL • 7,497 SF
      2255 Picacho Ave, Las Cruces, NM 88007-2318
      View Details
    • Value Estimation
      $405,000
      4,560 SF

      301 Motel Blvd

      MOTEL • 4,560 SF
      301 Motel Blvd, Las Cruces, NM 88007-4003
      View Details
    • Value Estimation by Request
      1,800 SF

      1300 Vly Dr

      BARBER, HAIR SALON • 1,800 SF
      1300 Vly Dr, Las Cruces, NM 88007-5128
      View Details
    • Value Estimation by Request
      2,400 SF

      845 Western Ct

      WAREHOUSE, STORAGE • 2,400 SF
      845 Western Ct, Las Cruces, NM 88007-4867
      View Details
    • Value Estimation by Request
      2,024 SF

      700 Motor Ln

      INDUSTRIAL (GENERAL) • 2,024 SF
      700 Motor Ln, Las Cruces, NM 88007-4886
      View Details
    • Value Estimation by Request
      1,152 SF

      5551 Picacho Ave

      OFFICE BUILDING • 1,152 SF
      5551 Picacho Ave, Las Cruces, NM 88007
      View Details

    Similar Nearby for Sale

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      36.00 Acres

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      Rare lot with mountain views, ideal for dream home.
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      1700 acres near Las Cruces International Airport and I-10.
      351 Rea Blvd, Las Cruces, NM 88007
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    • $562,167

      Las Cruces Innovation & Industrial Park

      1700-acre industrial park suitable for various industries.
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    • $400,000

      Las Cruces Commercial Land Opportunity

      1.05 acre commercial land for sale in Las Cruces.
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    Similar Nearby for Lease

    • Contact for pricing
      1,100 SF

      Prime Executive Office Space in Dona Ana County

      New 1,100 sq ft Office, Ample Parking
      920 Motel Blvd, Las Cruces, NM 88007
      View Details
    • $11 SF/Yr
      4,533 SF

      Flexible Office and Industrial Space

      Unique property with office, lab, and industrial space available for lease.
      2450 Lakeside Dr, Las Cruces, NM 88007
      View Details
    • $850,000
      5,222 SF

      Industrial Cooking Facility For Rent

      Large-scale cooking facility with industrial-grade equipment near I-10.
      750 W Palms, Las Cruces, NM 88007
      View Details
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    Las Cruces, NM 88007-2319
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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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