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    Property profile & analytics

    2489 Calle Principal Mesilla, NM 88046

    • Retail space
    • 3,907 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $515,000
    Last Sale
    Jun 14, 2024
    Location Intelligence
    Property ID
    US61-0635897
    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

    • Retail space

    Property Details for 2489 Calle Principal

    Year built
    1910
    Construction
    ADOBE
    Lot size
    0.23 lot acres
    Property size
    3,907 SF
    Zone code
    HIST-COMMERL
    Property type
    Retail space
    APN
    4-006-137-253-477
    APU
    4006137253477

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mesilla
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.795
    Latitude
    32.2735
    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
    $3,688
    $25,746
    $103,388
    $129,134
    -
    $77,237
    $310,163
    $387,400

    Comparable in this City

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      1,160 SF

      2310 De Mesilla Avda

      RETAIL STORES (PERSONAL SERVICES) • 1,160 SF
      2310 De Mesilla Avda, Mesilla, NM 88046
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    • Value Estimation
      $510,000
      2,412 SF

      1705 Tierra De Mesilla

      RETAIL STORES (PERSONAL SERVICES) • 2,412 SF
      1705 Tierra De Mesilla, Mesilla, NM 88046
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    • Value Estimation
      $485,000
      2,265 SF

      2402 De Mesilla Avda

      RETAIL STORES (PERSONAL SERVICES) • 2,265 SF
      2402 De Mesilla Avda, Mesilla, NM 88046
      View Details
    • Value Estimation by Request
      849 SF

      1901 Carreo Clle

      RETAIL STORES (PERSONAL SERVICES) • 849 SF
      1901 Carreo Clle, Mesilla, NM 88046
      View Details
    • Value Estimation
      $365,000
      744 SF

      2190 De Mesilla Avda

      RETAIL STORES (PERSONAL SERVICES) • 744 SF
      2190 De Mesilla Avda, Mesilla, NM 88046
      View Details

    Similar Nearby for Sale

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      1,152 SF

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      View Details
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    2489 Calle Principal
    Mesilla, NM 88046
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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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