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Property profile & analytics

500 Telshor Blvd Las Cruces, NM 88011-4613

  • Turn key restaurants
  • 9,741 SF
  • 1.33 lot acres
OFF-MARKET
Value Estimations
$555,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US61-0241828
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Pecan Grill and Brewery / Bar & Pub / Restaurant
  • O Shoes / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store

Property Details for 500 Telshor Blvd

Year built
2003
Construction
FRAME
Lot size
1.33 lot acres
Property size
9,741 SF
Zone code
GEN-COMMERCL
Property type
Turn key restaurants
APN
4-009-135-217-051
APU
4009135217051

Description

This exceptional 10,769+/- square foot single-tenant retail space, ideally suited for a restaurant, is situated on a 1.33-acre lot in a prime Las Cruces location. Positioned as a highly visible outparcel of the Las Cruces Regional Mall, this property benefits from its location at a signalized intersection, ensuring maximum exposure to a substantial customer base. The property enjoys proximity to a range of established retailers, including Target, Sprouts, Walmart, Albertsons, and Hobby Lobby, creating a synergistic retail environment. The high traffic counts on nearby E Lohman Ave (13,149 VPD), S Telshor Blvd (19,625 VPD), and I-25 (30,395 VPD) underscore the significant potential for customer traffic. Adjacent to the newly opened Bubba's 33, this property offers immediate access to a thriving commercial area. A liquor license and existing furniture, fixtures, and equipment (FF&E) may be available through negotiation as part of a purchase or lease agreement. Furthermore, the property's size and location present opportunities for redevelopment or the creation of additional pad sites, offering considerable flexibility for future expansion or adaptation. This is a rare opportunity to acquire a well-located, high-traffic retail space with significant growth potential in a rapidly developing market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $435,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $675,000
    Market price range: $534k - $1.53M
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $850,000
    APARTMENT HOUSE (5+ UNITS)
    $835,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Las Cruces
County
Dona Ana
State
New Mexico
Longitude
-106.744
Latitude
32.3144
CBSA code
29740
CBSA name
LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,630
$260,708
$226,944
$487,652
-
$782,123
$680,831
$1,462,954
More about this property
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