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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Industrial properties
6375 Us 70-80, Las Cruces, NM 88007
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US61-0729861
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Total area
7,971 SF
Lot
2.68 ac (116,741 SF)
Zoning code
5000-SF-MIN
APN
4-001-136-427-490
UPID
US61-0729861
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
$725k
Comparable Approach
Comparable
$783k
Blend (final)
Blend
$755k
Owner & transaction history
Mesilla Valley Coml Tire INC · 11 yrs held
Mesilla Valley Coml Tire INC
since 2015
2 recorded transactions
Zoning & alternative use
5000-SF-MIN · Las Cruces, NM
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$940,000
+64.1%
Restaurant
$935,000
+62.7%
Retail stores
$780,000
+36.0%
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%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$575,000
Current use
AUTO REPAIR, GARAGE
$940,000
Change: +64% · Conversion: Easy
RESTAURANT
$935,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$780,000
Change: +36% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$685,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$640,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$95 / 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
$5,991
Tax year 2023
Assessed value
$175,665
Assessed 2023
Previous assessed
$175,665
+0.0% YoY
Effective rate
3.41%
On assessed value
Assessed land
$17,867
Assessed improvement
$157,798
Land market value
$53,600
Improvement market value
$473,394
Total market value
$526,994
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
1998
Heating
NONE
Total area
7,971 SF
Lot
2.68 ac (116,741 SF)
Zoning code
5000-SF-MIN
APN
4-001-136-427-490
UPID
US61-0729861
Jurisdiction
DONA ANA
Zoning & alternative use
5000-SF-MIN · Las Cruces, NM
Zoning 5000-SF-MIN · permitted uses
5000-SF-MIN · 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
$575,000
AUTO REPAIR, GARAGE
Est. value
$940,000
RESTAURANT
Est. value
$935,000
RETAIL STORES
Est. value
$780,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$685,000
OFFICE BUILDING
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$640,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1998
Heating
NONE
Lot
2.68 ac
Current owner
From public records · entity-resolved
Mesilla Valley Coml Tire INC
Entity
Mailing address
6375 W PICACHO AVE, LAS CRUCES, NM 88007-4843
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2015
—
Mesilla Valley Coml Tire INC
Morrow Properties Ltd Co
Warranty Deed
$437,015 · Citizens Bk/las Cruces
Dec 27, 2012
—
Mesilla Valley Coml Tire INC
Morrow Properties Ltd Co
Grant Deed
related
—
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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