Property profile

3030 Picacho Ave Las Cruces, NM 88007

OFF-MARKET
Banks
Property ID
US61-1644858
10,489 SF 1.94 ac lot Built 2008
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2008
Construction FRAME
Total area 10,489 SF
Lot 1.94 ac (84,506 SF)
Zoning code GEN-COMMERCL
APN 4-005-135-087-152
UPID US61-1644858

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Bank Loan Service
  • Pediatrician Physician
  • Physician
  • Physician

Location

3030 Picacho Ave Las Cruces, NM 88007-4721
Las Cruces metro Census 204 LAS CRUCES, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$609k
Blend (final) Blend
$525k

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
2006
Price N/A

Zoning & alternative use

GEN-COMMERCL · Las Cruces, NM
Top alternative use upside
Apartment house (5+ units) $900,000 +13.0%
Office building $875,000 +10.1%
Commercial (general) $840,000 +5.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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