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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Industrial properties
4071 Bataan Memorial W, Las Cruces, NM 88012-5014
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US61-1290341
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Total area
9,960 SF
Lot
4.72 ac (205,603 SF)
Zoning code
HVY-MANUFACT
APN
4-009-130-370-505
UPID
US61-1290341
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
by Request
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$941k
Blend (final)
Blend
$925k
Owner & transaction history
Stern Properties LLC · 3 yrs held
Stern Properties LLC
since 2022
1 recorded transaction
Zoning & alternative use
HVY-MANUFACT · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+35.5%
Restaurant
$1.2M
+34.4%
Office building
$1.1M
+30.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$905,000
7%
$845,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$865,000
Current use
AUTO REPAIR, GARAGE
$1,175,000
Change: +36% · Conversion: Easy
RESTAURANT
$1,165,000
Change: +34% · Conversion: Difficult
OFFICE BUILDING
$1,130,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$855,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$810,000
Change: -6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$800,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$93 / 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
$7,011
Tax year 2023
Assessed value
$205,596
Assessed 2023
Previous assessed
$223,670
-8.1% YoY
Effective rate
3.41%
On assessed value
Assessed land
$136,880
Assessed improvement
$68,716
Land market value
$410,640
Improvement market value
$206,147
Total market value
$616,787
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
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1979
Buildings
2
Total area
9,960 SF
Lot
4.72 ac (205,603 SF)
Zoning code
HVY-MANUFACT
APN
4-009-130-370-505
UPID
US61-1290341
Jurisdiction
DONA ANA
Zoning & alternative use
HVY-MANUFACT · Las Cruces, NM
Zoning HVY-MANUFACT · permitted uses
HVY-MANUFACT · 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
INDUSTRIAL (GENERAL) Current
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$855,000
RETAIL STORES
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$800,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1979
Buildings
2
Lot
4.72 ac
Current owner
From public records · entity-resolved
Stern Properties LLC
Entity
Mailing address
PO BOX 1706, LAS CRUCES, NM 88004-1706
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2022
—
Stern Properties LLC
Elizabeth Doss
Warranty Deed
$1,423,200 · Centura Bank
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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