3985 S Main St Las Cruces, NM 88001
For Sale
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This exceptional 3,000 square foot storefront, located at 3985 S Main St in Las Cruces, New Mexico, presents a lucrative investment opportunity. Priced at $495,000 ($165/sq ft), this vacant property boasts a desirable C-1 zoning, allowing for a wide range of retail uses. The single-tenancy building sits on a spacious 0.82-acre lot, offering ample space and potential for expansion or outdoor amenities. The property's strategic location on South Main Street ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. Adding to its appeal, the lot features mature pecan trees and valuable EBID rights. The area is experiencing growth, with new residential construction nearby, promising a strong customer base for future tenants. This standalone building offers a unique chance to establish a thriving retail business in a vibrant and expanding community. The property's size and zoning make it suitable for a variety of retail concepts, providing flexibility for potential buyers. Don't miss this chance to acquire a prime retail space in a rapidly developing area of Las Cruces. The property is located in Doña Ana County, New Mexico, zip code 88001.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
NEIGH-COMMER · Mesilla Park, NMMesilla Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.