301 Lohman Ave Las Cruces, NM 88001-3667
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.
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, NMCosts & 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.