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Property profile & analytics

300 Foster Rd Las Cruces, NM 88005-3211

  • Parking lots & garages
  • 1.61 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US61-1632650
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

  • FirstLight Federal Credit Union / Credit Union

Property Details for 300 Foster Rd

Lot size
1.61 lot acres
Zone code
GEN-COMMERCL
Property type
Parking lots & garages
APN
4-007-136-349-190
APU
4007136349190

Description

This exceptional 7,367 square foot office building presents a compelling investment opportunity in the heart of Las Cruces, New Mexico. Built in 1980 and renovated in 1990, the property sits on a 3.05-acre lot and is zoned C-2, allowing for a variety of uses. Currently vacant, the building features a convenient drive-through and ample parking, making it ideal for a financial institution or professional office space. Its excellent condition and prime location offer significant potential for future growth and profitability. Situated in a vibrant area with a mix of businesses and leisure options, the property benefits from proximity to New Mexico State University, providing access to a skilled workforce. The surrounding area boasts diverse dining, cultural attractions, and shopping, creating a desirable environment for employees and clients alike. The asking price for this well-maintained, strategically located office building is $1,650,000. This is a rare opportunity to acquire a substantial commercial property in a thriving New Mexico market. The address is 300 Foster Rd, Las Cruces, NM 88005.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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Location Insight

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  • Local Demand
City
Las Cruces
County
Dona Ana
State
New Mexico
Longitude
-106.774
Latitude
32.2957
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
$3,136
$87,665
$4,302
$91,967
-
$262,995
$12,905
$275,900
More about this property
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