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    Property profile & analytics

    3231 Main St Las Cruces, NM 88001-1168

    • Bars
    • 2,340 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Last Sale
    Jan 19, 2022
    Location Intelligence
    Property ID
    US61-0299360
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 3231 Main St

    Year built
    1986
    Lot size
    0.68 lot acres
    Property size
    2,340 SF
    Zone code
    GEN-COMMERCL
    Property type
    Bars
    Property subtype
    Pubs
    APN
    4-007-132-384-526
    APU
    4007132384526

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.774
    Latitude
    32.3445
    CBSA code
    29740
    CBSA name
    LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,866
    $49,243
    $34,792
    $84,035
    -
    $147,730
    $104,376
    $252,106

    Comparable in this City

    • Value Estimation
      $375,000
      3,414 SF

      119 Main St

      BAR, TAVERN • 3,414 SF
      119 Main St, Las Cruces, NM 88001-1271
      View Details
    • Value Estimation by Request
      3,234 SF

      118 Mesquite St

      Restaurants • 3,234 SF
      118 Mesquite St, Las Cruces, NM 88001
      View Details
    • Value Estimation by Request
      1,670 SF

      1605 Solano Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,670 SF
      1605 Solano Dr, Las Cruces, NM 88001-5406
      View Details
    • Value Estimation by Request
      1,184 SF

      1507 Solano Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,184 SF
      1507 Solano Dr, Las Cruces, NM 88001-4237
      View Details
    • Value Estimation
      $420,000
      4,106 SF

      1413 Amador Ave

      RESTAURANT • 4,106 SF
      1413 Amador Ave, Las Cruces, NM 88001-3103
      View Details
    • Value Estimation
      $480,000
      3,189 SF

      1009 El Paseo Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,189 SF
      1009 El Paseo Rd, Las Cruces, NM 88001-6029
      View Details

    Similar Nearby for Sale

    • $499,000
      1,971 SF

      Las Cruces Restaurant - Turnkey Opportunity

      Established Restaurant, Prime Location, High Revenue
      195 Mesquite St, Las Cruces, NM 88001
      View Details
    • $475,000
      1,971 SF

      Established Restaurant Business For Sale

      Profitable restaurant with real estate, equipment included in sale.
      195 N Mesquite St, Las Cruces, NM 88001
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    • $800,000
      3,234 SF

      Historic Las Cruces Restaurant

      Charming 3,234 SF Restaurant, $800,000
      118 Mesquite St, Las Cruces, NM 88001
      View Details
    • $1,717,300
      2,000 SF

      NNN Leased HTeaO Investment

      NNN leased HTeaO franchise with rent increases for sale.
      2223 N Main St, Las Cruces, NM 88001
      View Details
    • $1,250,000
      6,566 SF

      Las Cruces Retail Investment Property

      Retail property in Las Cruces with high visibility and accessibility.
      1100 N Main St, Las Cruces, NM 88001
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    • $1,250,000
      6,566 SF

      Las Cruces Auto Shop Investment

      High-traffic location, excellent potential.
      1100 Main St, Las Cruces, NM 88001
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      5,177 SF

      Former Restaurant Space Available

      5,177 SF former restaurant space for lease.
      1340 E Lohman Ave, Las Cruces, NM 88001
      View Details
    • $14 SF/Yr

      Las Cruces Office Space For Lease

      Prime Las Cruces location, 2,263 sq ft available.
      1103 Solano Dr, Las Cruces, NM 88001
      View Details
    • $10 SF/Yr
      2,199 SF

      Retail Space Near NMSU

      Retail space with access to high-income demographics and student population.
      2205-2265 S Main St, Las Cruces, NM 88001
      View Details
    • $12 SF/Yr
      2,700 SF

      Retail Space with Office Area

      Retail space featuring an office area and bathroom with shower.
      1021 E Amador Ave, Las Cruces, NM 88001
      View Details
    • $10 SF/Yr
      5,000 SF

      Retail Center with Grocery Anchor

      Retail center anchored by grocery store and junior co-tenants.
      1215 El Paseo Rd, Las Cruces, NM 88001
      View Details
    • $14 SF/Yr

      Las Cruces Office Space For Lease

      Prime Retail/Office Space Available Now
      1125 Solano Dr, Las Cruces, NM 88001
      View Details
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    3231 Main St
    Las Cruces, NM 88001-1168
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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