Property profile

855 Picacho Ave Las Cruces, NM 88005

OFF-MARKET
Self storage facilities
Property ID
US61-0023801
2,992 SF Built 1970
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Property summary

AI-generated overview

This flex-use property is configured for office-oriented operations and includes a reception area, three offices, two bathrooms, an open break room with kitchen, and an enclosed conference room. Interior amenities include a laundry room, a refrigerated air-conditioning system, wheelchair accessibility features, and an ADA-compliant restroom. Outdoor features include a covered front patio, an open back patio, and a fenced, gated yard. A fenced, lighted, secure site with an alley entrance provides additional controlled access, and the property includes a double carport. The building and site are arranged to support flex use and may accommodate small shop-type spaces with multiple commercial occupants on the property; cannabis is not permitted. Historically, the space has been used for home health services and for construction company office use.

Property profile

Verified
Property type Self storage facilities
Year built 1970
Total area 2,992 SF
UPID US61-0023801

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist
  • Home Health Care Service Care Services
  • (Bike/Boat/Book/etc) Store

Location

855 Picacho Ave Las Cruces, NM 88005
Las Cruces metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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