400 N 17Th St Las Cruces, NM 88005
For Sale
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This exceptional 12,000-square-foot industrial warehouse is available for lease in Las Cruces, New Mexico. Located at 400 N Seventeenth St, 88005, this single-tenant property sits on a 6.447-acre lot and offers a functional layout ideal for various industrial uses. Built in 1984, the warehouse features a single story with a 14-14 foot ceiling height, providing ample vertical space for storage or operations. Access is convenient with one in-ground loading dock and three 12-foot drive-in doors. The property includes climate control, adding to its functionality and appeal. Additional features include ADA-compliant restrooms and a secured fenced yard. Utilities are provided by El Paso Electric. The property is zoned M1 - LT-MANUFACTR, suitable for light manufacturing and related businesses. Given the current tight supply in the Las Cruces industrial market, this represents a strong opportunity to secure a well-maintained and functional warehouse space. The existing office space offers potential for a small retail setup or administrative functions, enhancing the property's versatility. This property is expected to lease quickly.
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Sher-Wood Hardware & Home Improvement Furniture & Home Goods
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LT-MANUFACTR · Las Cruces, NMLas Cruces. 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.