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Property profile & analytics
FOR LEASE
Community centers
2750 Mall Dr, Las Cruces, NM 88011
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US61-0334163
For Lease
Contact for pricing
2750 Mall Dr, Las Cruces, NM 88011
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2013
Total area
4,915 SF
Lot
4.4 ac (191,629 SF)
Zoning code
PLAN-COMMERL
APN
4-009-135-330-300
UPID
US61-0334163
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Five Guys Restaurant Take-out & Catering
-
ATM Atm
-
Mariner Finance Loan Service Bank
-
Dollar Tree Discount Store
-
Buffalo Wild Wings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cruces Dev Partners · 19 yrs held
Cruces Dev Partners
since 2007
7 recorded transactions
Zoning & alternative use
PLAN-COMMERL · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Cruces submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Cruces submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,645
Tax year 2023
Assessed value
$722,689
Assessed 2023
Previous assessed
$722,689
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$255,505
Assessed improvement
$467,184
Land market value
$766,516
Improvement market value
$1,401,553
Total market value
$2,168,069
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
2013
Heating
NONE
Buildings
3
Total area
4,915 SF
Lot
4.4 ac (191,629 SF)
Zoning code
PLAN-COMMERL
APN
4-009-135-330-300
UPID
US61-0334163
Jurisdiction
DONA ANA
Zoning & alternative use
PLAN-COMMERL · Las Cruces, NM
Zoning PLAN-COMMERL · permitted uses
PLAN-COMMERL · Las Cruces, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Las Cruces. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Buildings
3
Lot
4.4 ac
Current owner
From public records · entity-resolved
Cruces Dev Partners
Entity
Mailing address
3501 BILLY HEXT RD, ODESSA, TX 79765-8939
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2017
—
Cruces Dev Partners LP
—
Grant Deed
related
$9,000,000 · Bank34
Jun 17, 2016
—
Cruces Dev Partners LP
—
Deed
related
$837,278 · Citizens Bk/las Cruces
Nov 21, 2008
—
Cruces Dev Partners
—
Trustees Deed
related
$1,413,700 · Lone Star State Bank
Aug 15, 2008
—
Cruces Dev Partners
—
Trustees Deed
related
$1,413,700 · Lone Star State Bank
May 23, 2007
—
Cruces Dev Partners
Telshor Mall Properties LLC
Warranty Deed
$1,413,700 · Lone Star Loan Production Offi
Apr 7, 2005
—
Telshor Mall Properties LLC
Crouch,james R
Grant Deed
related
—
—
—
Cruces Dev Partners LP
—
Deed Of Trust
related
—
—
—
Cruces Dev Partners LP
—
Deed Of Trust
related
$837,278 · Citizens Bk/las Cruces
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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