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Financial
Distress signals
Property profile

2215 S Main St Las Cruces, NM 88005

FOR LEASE
Strip malls
Property ID
US61-0132855
38,067 SF 1.85 ac lot Built 1959
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
2215 S Main St, Las Cruces, NM 88005 For Lease 1 / 17
$10 SF/Yr 64,665 SF available
2215 S Main St, Las Cruces, NM 88005
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$440k
Assessed land$87k
Assessed improvement$353k
Effective rate3.41%

Value estimate

· Oct 2026
$670k
$603k – $737k
AI approach$670k
Submarket $/SF estimate$1.12M
NOI build-up
Gross scheduled income$815k
Vacancy & credit loss−$65k
Operating expenses−$225k
NOI · 5,247,180.00% cap applied$525k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5,247,180.00%
$525k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GEN-COMMERCL
JurisdictionDONA ANA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.4
HVAC Service11.4
Garden Center10.3

Location

2215 S Main St Las Cruces, NM 88005
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $1,010,000
    31,200 SF
    1100 Amador Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    1100 Amador Ave, Las Cruces, NM 88005-2735
    View Details
  • Value Estimation
    $950,000
    28,054 SF
    1100 Main St
    SHOPPING CENTER, STRIP CENTER
    1100 Main St, Las Cruces, NM 88005-2917
    View Details
  • Value Estimation
    $985,000
    20,875 SF
    225 Idaho Ave
    SHOPPING CENTER, STRIP CENTER
    225 Idaho Ave, Las Cruces, NM 88005-3257
    View Details
  • Value Estimation
    $2,125,000
    19,246 SF
    1440 Picacho Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    1440 Picacho Ave, Las Cruces, NM 88005-2327
    View Details
  • Value Estimation
    $560,000
    16,861 SF
    121 Wyatt Dr Ste, Unit 1
    SHOPPING CENTER, STRIP CENTER
    121 Wyatt Dr Ste, Las Cruces, NM 88005-2960
    View Details
  • Value Estimation
    $1,150,000
    16,550 SF
    3567 Main St
    WHOLESALE OUTLET, DISCOUNT STORE
    3567 Main St, Las Cruces, NM 88005
    View Details

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    Net-Leased Sports Retail Building
    Freestanding, single-tenant Sportsman’s Warehouse is net-leased in a 26,763 SF retail building off I-25 and N. Telshor Boulevard.
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  • $6,700,000
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    Anchored Shopping Center
    Retail center at a signalized intersection with Planet Fitness and multiple established junior-anchor tenants.
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  • New
    Contact for pricing
    20,557 SF
    Las Cruces Retail Property
    Retail property available for sale in Las Cruces, New Mexico.
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    View Details
  • Contact for pricing
    13,761 SF
    Flex Showroom with Secure Shop
    Remodeled flex facility with showroom-ready presentation, large offices, and a secured shop with covered storage.
    909 W Amador Ave, Las Cruces, NM 88005
    View Details
  • $3,600,000
    12,000 SF
    Freestanding Retail and Flex Building
    Single-tenant freestanding retail and flex building suited for retail, office, or industrial use.
    101 E Union Ave, Las Cruces, NM 88001
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  • $1,550,000
    6,904 SF
    Two-Story Retail Building with Drive-Thru
    Two-story standalone building with a drive-thru, on-site kitchen, and ample parking on C-2 commercial land.
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Similar in This City for Lease

  • New
    Contact for pricing
    6,620 sqft
    Standalone Retail Space with High Visibility
    Standalone retail facility with multi-angle signage and strong interchange and street traffic counts.
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    View Details
  • $18.65 SF/Yr
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    Open work areas, showrooms, and private offices support both office and retail operations.
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  • New
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    1,067 sqft
    Retail Suite with Rear Roll-Up Door
    A customer-facing storefront is paired with a rear roll-up door for receiving and inventory access.
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  • $1,150/Mo
    Spanish Pueblo Office Units
    Three commercial spaces are available for lease in a maintained office and retail complex near downtown Las Cruces.
    1100 S Main St, Las Cruces, NM 88005
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  • New
    $20 SF/Yr
    Shopping Center Retail Space
    Two commercial spaces are available within a multi-tenant retail center near Interstate 10.
    1405 S Valley Dr, Las Cruces, NM 88005
    View Details
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