Property profile

2540 N Telshor Blvd Las Cruces, NM 88011

FOR LEASE
Office buildings
Property ID
US61-0335553
9,426 SF 0.85 ac lot Built 2000
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,011 square foot office space, located at 2540 N Telshor Blvd, Suite E, Las Cruces, NM 88011, presents a unique opportunity for medical or professional office users. Previously utilized as a dental office, the property boasts a functional layout featuring multiple exam rooms, a welcoming reception area, and private offices. The existing built-in cabinetry, plumbing, and essential infrastructure significantly streamline the setup process for new tenants. The space is easily adaptable to various professional office needs, offering flexibility for customization. Situated in a high-traffic area, this property benefits from excellent visibility and convenient access, ensuring high patient or client traffic. Ample parking is available, providing convenience for both staff and visitors. The single-tenant occupancy offers privacy and control. This property is classified as both a medical and traditional office space, making it suitable for a wide range of businesses. Its location in Las Cruces, New Mexico, offers a thriving market for professional services. This turnkey solution combines prime location with functional design, making it an ideal investment for a discerning business owner.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction FRAME
Total area 9,426 SF
Lot 0.85 ac (37,144 SF)
Zoning code M1C
APN 4-008-133-115-001
UPID US61-0335553

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
  • Dental Office
  • Dental Office
  • Insurance Agency
  • Weight Loss Service Service Establishment
  • Physician

Location

2540 N Telshor Blvd Las Cruces, NM 88011
Las Cruces metro Census 1206 LAS CRUCES, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$941k
Blend (final) Blend
$340k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

M1C · Las Cruces, NM
Top alternative use upside
Auto repair, garage $1.1M +12.0%
Restaurant $995,000 +0.1%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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