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    Property profile & analytics

    5340 Mcnutt Rd Santa Teresa, NM 88008

    • Office buildings
    • 13,158 SF
    • 5.51 lot acres
    For Lease
    View listing
    Value Estimation
    $525,000
    Location Intelligence
    Property ID
    US61-0088277
    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

    • Office buildings

    Property Details for 5340 Mcnutt Rd

    Year built
    1997
    Lot size
    5.51 lot acres
    Property size
    13,158 SF
    Zone code
    AGRICULTURAL
    Property type
    Office buildings
    APN
    4-016-167-240-040
    APU
    4016167240040

    Description

    This exceptional commercial property, located at 5340 McNutt Rd in Santa Teresa, New Mexico, presents a significant opportunity for businesses seeking versatile office space. The Roadrunner Building, a Class B property constructed in 1988, offers a total of 14,660 square feet across a 1.98-acre lot. Currently configured for multiple tenants, this building is zoned C-2 and features ample parking with 27 spaces, providing a parking ratio of 1.84 spaces per 1,000 square feet. The property's address is 5340 McNutt Rd, Santa Teresa, NM 88008, with its location easily identifiable via the provided latitude and longitude coordinates. The building's traditional office layout is complemented by executive office suites, catering to a variety of business needs. The property's Assessed Parcel Number (APN) is 16-03232 within Doña Ana County. Two spaces totaling 5,000 square feet are currently available for lease. This presents a unique chance to establish a presence in the thriving Santa Teresa Tech Center. The property's size and amenities make it ideal for a range of businesses seeking a well-maintained and conveniently located office space in Doña Ana County. Inquire today to learn more about this exceptional leasing opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $675,000
      6.5%
      $595,000
      7%
      $650,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $670,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $635,000
      Retail
      $575,000
      Mixed-Use
      $675,000
      Hospitality
      $600,000
      Educational
      $695,000
      Residential Income
      $640,000
      Energy
      $565,000
      Income-Based Land
      $610,000
      Food Service
      $565,000

    Location Insight

    • Map
    • Local Demand
    City
    Sunland Park
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.625
    Latitude
    31.8497
    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
    $16,218
    $73,467
    $298,231
    $371,698
    -
    $220,400
    $894,692
    $1,115,092

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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    • Value Estimation
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      2,989 SF

      4777 Avenida Creel

      OFFICE BUILDING • 2,989 SF
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    • Value Estimation
      $435,000
      8,049 SF

      101 Livingston Loop

      OFFICE BUILDING • 8,049 SF
      101 Livingston Loop, Sunland Park, NM 88008-9753
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    • Value Estimation
      $475,000
      1,391 SF

      5516 Mcnutt Rd

      OFFICE BUILDING • 1,391 SF
      5516 Mcnutt Rd, Sunland Park, NM 88008
      View Details
    • Value Estimation
      $450,000
      8,049 SF

      5690 Santa Teresita Dr, Unit 1-4

      OFFICE BUILDING • 8,049 SF
      5690 Santa Teresita Dr, Sunland Park, NM 88008-9211
      View Details

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    5340 Mcnutt Rd
    Santa Teresa, NM 88008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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