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    Property profile & analytics

    724 Palms Las Cruces, NM 88007-8146

    • Warehouses
    • 2,400 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    May 21, 2025
    Location Intelligence
    Property ID
    US61-0323346
    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

    • Warehouses

    Property Details for 724 Palms

    Year built
    2003
    Lot size
    0.50 lot acres
    Property size
    2,400 SF
    Zone code
    GEN-COMMERCL
    Property type
    Warehouses
    APN
    4-005-135-231-362
    APU
    4005135231362

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.812
    Latitude
    32.3057
    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
    $2,198
    $14,520
    $49,926
    $64,446
    -
    $43,560
    $149,777
    $193,337

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      845 Western Ct

      WAREHOUSE, STORAGE • 2,400 SF
      845 Western Ct, Las Cruces, NM 88007-4867
      View Details
    • Value Estimation by Request

      8861 Trigg Loop

      Distribution properties
      8861 Trigg Loop, Las Cruces, NM 88007
      View Details
    • Value Estimation
      $600,000
      25,000 SF

      4581 Picacho Ave, Unit 1-4

      WAREHOUSE, STORAGE • 25,000 SF
      4581 Picacho Ave, Las Cruces, NM 88007-4823
      View Details
    • Value Estimation
      $500,000
      3,840 SF

      7950 Market Pl

      MINI-WAREHOUSE, STORAGE • 3,840 SF
      7950 Market Pl, Las Cruces, NM 88007-9019
      View Details
    • Value Estimation
      $380,000
      6,848 SF

      770 Palms

      WAREHOUSE, STORAGE • 6,848 SF
      770 Palms, Las Cruces, NM 88007-8146
      View Details
    • Value Estimation
      $410,000
      11,250 SF

      732 Palms

      WAREHOUSE, STORAGE • 11,250 SF
      732 Palms, Las Cruces, NM 88007-8146
      View Details

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    Similar Nearby for Lease

    • $850,000
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      Industrial Cooking Facility For Rent

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    724 Palms
    Las Cruces, NM 88007-8146
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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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