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    Property profile & analytics

    3275 Picacho Ave Las Cruces, NM 88007-4765

    • Retail space
    • 600 SF
    • 1.02 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Feb 15, 2024
    Location Intelligence
    Property ID
    US61-0194052
    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

    • Pinnacle Propane / Propane Supplier

    Property Details for 3275 Picacho Ave

    Year built
    1955
    Lot size
    1.02 lot acres
    Property size
    600 SF
    Zone code
    GEN-COMMERCL
    Property type
    Retail space
    APN
    4-005-135-015-169
    APU
    4005135015169

    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
    -106.82
    Latitude
    32.3109
    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
    $3,066
    $59,241
    $30,669
    $89,910
    -
    $177,724
    $92,007
    $269,731

    Comparable in this City

    • Value Estimation
      $555,000
      7,569 SF

      775 Thorpe Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,569 SF
      775 Thorpe Rd, Las Cruces, NM 88007-5881
      View Details
    • Value Estimation
      $390,000
      4,863 SF

      3918 Picacho Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,863 SF
      3918 Picacho Ave, Las Cruces, NM 88007
      View Details
    • Value Estimation by Request
      2,400 SF

      2105 Dona Ana Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2105 Dona Ana Rd, Las Cruces, NM 88007-7215
      View Details
    • Value Estimation
      $430,000
      2,714 SF

      800 Thorpe Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,714 SF
      800 Thorpe Rd, Las Cruces, NM 88007-5871
      View Details
    • Value Estimation
      $385,000
      4,256 SF

      3027 Vly Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,256 SF
      3027 Vly Dr, Las Cruces, NM 88007-5174
      View Details
    • Value Estimation
      $360,000
      2,691 SF

      2601 Dona Ana Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,691 SF
      2601 Dona Ana Rd, Las Cruces, NM 88007-5235
      View Details

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    Similar Nearby for Lease

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    3275 Picacho Ave
    Las Cruces, NM 88007-4765
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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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