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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Residential income homes
3402 Bixler Dr Las Cruces, NM 88012-5107
Individually Owned
1-yr Hold
Free & Clear
Property ID
US61-0705515
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
2018
Total area
7,344 SF
Lot
14.12 ac (615,067 SF)
Zoning code
AGRICULTURAL
APN
4-008-131-320-407
UPID
US61-0705515
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
$610k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$645k
Owner & transaction history
Daniel S Guillen SR 2019 Living Tru · 1 yrs held
Daniel S Guillen SR 2019 Living Tru
since 2025
7 recorded transactions
Zoning & alternative use
AGRICULTURAL · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$865,000
+37.8%
Restaurant
$860,000
+36.6%
Office building
$835,000
+32.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Cruces submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Cruces submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$630,000
Current use
AUTO REPAIR, GARAGE
$865,000
Change: +38% · Conversion: Difficult
RESTAURANT
$860,000
Change: +37% · Conversion: Difficult
OFFICE BUILDING
$835,000
Change: +32% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$640,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$600,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$590,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$645k
Range $581k – $710k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$88 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$135,367
Tax year 2023
Assessed value
$4,376,983
Assessed 2023
Previous assessed
$4,376,983
+0.0% YoY
Effective rate
3.09%
On assessed value
Assessed land
$414,187
Assessed improvement
$3,962,796
Land market value
$1,242,560
Improvement market value
$11,888,388
Total market value
$13,130,948
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
6
Bathrooms
88
Total area
7,344 SF
Lot
14.12 ac (615,067 SF)
Zoning code
AGRICULTURAL
APN
4-008-131-320-407
UPID
US61-0705515
Jurisdiction
DONA ANA
Zoning & alternative use
AGRICULTURAL · Las Cruces, NM
Zoning AGRICULTURAL · permitted uses
AGRICULTURAL · Las Cruces, NM
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Las Cruces. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$865,000
RESTAURANT
Est. value
$860,000
OFFICE BUILDING
Est. value
$835,000
INDUSTRIAL (GENERAL)
Est. value
$640,000
RETAIL STORES
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$590,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Buildings
6
Bathrooms
88
Lot
14.12 ac
Current owner
From public records · entity-resolved
Daniel S Guillen SR 2019 Living Tru
Individual
Free & Clear · 1 yrs held
Mailing address
3260 VENUS ST, LAS CRUCES, NM 88012-7753
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
—
Daniel S Guillen SR 2019 Living Tru
Daniel Guillen
Deed
related
—
Feb 27, 2019
—
Daniel Guillen
Guillen,haydee A
Deed
related
—
Dec 21, 2018
—
Dillon Mountain Ents LLC
—
Grant Deed
related
$9,200,000 · Citizens Bk/las Cruces
Nov 6, 2018
—
Dillon Mountain Ents LLC
—
Deed
related
$4,600,000 · Citizens Bk/las Cruces
Nov 5, 2018
—
Dillon Mountain Ents LLC
—
Grant Deed
related
$20,250,000 · Citizens Bk/las Cruces
Jun 14, 2017
—
Dillon Mountain Ents LLC
—
Grant Deed
related
$20,250,000 · Citizens Bk/las Cruces
May 22, 2006
—
Dillon Mountain Enterprises LLC
Heart For The World Vineyard Church
Warranty Deed
—
Mar 25, 2004
$357,000
Heart Of World Vineyard Ch/lascru
Jaramillo,james L
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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