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Property profile & analytics
OFF-MARKET Estimated value $370,000
Drive through restaurants

300 Idaho Ave Las Cruces, NM 88005-3203

2,095 SF 0.69 ac lot Built 1977
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US61-1325150
Property summary
AI-generated overview

This exceptional single-tenant retail space, located at 300 E Idaho Ave in Las Cruces, New Mexico, 88005, presents a fantastic opportunity for a restaurant operator. Previously occupied by a restaurant (existing fixtures and equipment are not included), the property boasts a valuable existing drive-thru, significantly enhancing operational efficiency and customer convenience. A dedicated parking lot ensures ample space for patrons. The location itself is a key advantage, situated near high-traffic streets providing excellent visibility and attracting significant foot traffic. Its central Las Cruces location offers easy access to major roadways and is surrounded by a thriving commercial area. Benefit from the proximity to established businesses such as Albertsons, Planet Fitness, DD's Discount Store, O'Reilly Auto Parts, and Walgreens, creating a synergistic environment and attracting a substantial customer base. This property is ideal for a restaurant seeking a well-established, high-traffic location with convenient amenities. The property's latitude and longitude coordinates are 32.2965447, -106.7738252 respectively. This turnkey opportunity is ready for your restaurant concept.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1977
Total area 2,095 SF
Lot 0.69 ac (30,000 SF)
Zoning code GEN-COMMERCL
APN 4-007-136-367-172
UPID US61-1325150
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k
Owner & transaction history
FUEL DEPOT LLC
FUEL DEPOT LLC
Zoning & alternative use
GEN-COMMERCL · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source land development code
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