717 Organ Ave Las Cruces, NM 88005-2624
This exceptional investment opportunity in Las Cruces, New Mexico, presents two separate industrial parcels totaling 9,524 square feet on a combined 0.85-acre lot. The property is listed at $850,000, or $89.25 per square foot, and comprises two buildings, each offering unique potential. The first parcel, located at 100 S. Mesilla St., encompasses approximately 0.37 acres and features a building of roughly 2,072 square feet. The second parcel, situated at 717 W. Organ Ave, covers approximately 0.48 acres and includes a larger building of approximately 7,452 square feet. The property is zoned for manufacturing and warehouse use, making it ideal for a variety of businesses. Each building is priced at $425,000, offering flexibility for potential buyers. The seller will not consider selling the parcels separately, presenting a unique opportunity to acquire a substantial industrial property in a desirable location. The property's address is 717 W Organ Ave, Las Cruces, NM 88005, in Doña Ana County. This is a rare chance to own a significant industrial holding in a growing market. The combined square footage and acreage provide ample space for various industrial operations or expansion. This property is priced to sell and represents a strong investment opportunity.
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Antix Inc 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.