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2315 Vly Dr Las Cruces, NM 88005-3137

OFF-MARKET Industrial properties Google Maps
12,080 SF 0.93 ac lot Built 1970
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$390k
Range $351k – $429k (±10%)
Property ID US61-0076520

Property summary

AI-generated overview

This exceptional 12,000-square-foot flex industrial property in Las Cruces, New Mexico, presents a unique leasing opportunity. Situated on a 0.93-acre lot at 2315 S Valley Dr, zip code 88005, this single-tenant building offers significant advantages for businesses seeking versatile space. Built in 1970, the property boasts a single-story design with a generous 24-foot ceiling height, providing ample room for various operational needs. The building features one loading dock and one dock-high door, ensuring efficient loading and unloading of goods. Its strategic location offers unparalleled accessibility, being conveniently adjacent to Interstate 10 and South Main Street, and just minutes from Interstate 25 and New Mexico State University. This prime location provides excellent visibility and convenient access to major transportation arteries, making it an ideal choice for businesses requiring easy access to regional and national transportation networks. The entire 12,000 square feet is currently vacant, ready for immediate occupancy. Located in Doña Ana County, this property represents a rare opportunity to secure a well-positioned, functional industrial space in a thriving New Mexico market.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1970
Total area 12,080 SF
Lot 0.93 ac (40,511 SF)
Zoning code LT-MANUFACTR
APN 4-007-137-383-061
UPID US61-0076520

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Moving Company

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

LT-MANUFACTR · Las Cruces, NM

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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