300 Idaho Ave, Las Cruces, NM 88005-3203
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GEN-COMMERCL · Las Cruces, NMLas Cruces. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.