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Property profile

3985 S Main St Las Cruces, NM 88001

FOR SALE
Retail space
Property ID
US61-0353509
3,000 SF 0.82 ac lot Built 1965
Last sale May 2016
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
3985 S Main St, Las Cruces, NM 88001 For Sale
$260,000 3,000 SF
3985 S Main St, Las Cruces, NM 88001
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Property summary

AI-generated overview

A stand-alone retail building located on South Main Street, zoned C-1. The property sits on a lot that includes pecan trees and provides EBID rights. The building contains 3,000 square feet of retail space and is positioned near new residential construction.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$881
Tax billed · 2023
Assessed value$34k
Assessed land$16k
Assessed improvement$17k
Effective rate2.62%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$285k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 695.51% cap applied$24k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
695.51%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NEIGH-COMMER
JurisdictionDONA ANA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.1
Law Firm12.5
Restaurant12.3

Location

3985 S Main St Las Cruces, NM 88001
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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