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Property profile & analytics
OFF-MARKET
Office Spaces

301 Lohman Ave Las Cruces, NM 88001-3667

2,466 SF 0.23 ac lot Built 1955
Entity Owned 1-yr Hold Free & Clear
Property ID
US61-0143284
Property summary
AI-generated overview

This prime commercial property at 301 E Lohman Avenue in Las Cruces, New Mexico, presents a unique investment opportunity. Located in the heart of downtown, this property enjoys exceptional visibility and accessibility, with a daily traffic count exceeding 15,000 vehicles. Previously utilized as a successful dental practice, the single-suite building offers versatile space suitable for a variety of commercial uses. The property is zoned for commercial use and is available for both lease and purchase. The building itself has a total of one suite, although the total square footage is not currently specified. The property includes both office space and land, making it an attractive option for businesses seeking a prominent downtown location. Its central location in Dona Ana County, New Mexico, zip code 88001, provides easy access to local amenities and a strong customer base. This high-traffic corner lot offers unparalleled exposure, making it an ideal location for businesses seeking maximum visibility and convenient access for their clients. The property's previous success as a dental practice demonstrates its potential for a wide range of commercial ventures. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving downtown area. Don't miss this chance to secure a premium location in a bustling commercial district.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1955
Total area 2,466 SF
Lot 0.23 ac (9,936 SF)
Zoning code GEN-COMMERCL
APN 4-007-135-321-322
UPID US61-0143284
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
3200 G Street LLC · 1 yrs held
3200 G Street LLC
since 2024
3 recorded transactions
2024
Price N/A
2017
Price N/A
2005
Price N/A
Zoning & alternative use
GEN-COMMERCL · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source land development code
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