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955 Vly Dr Las Cruces, NM 88005-3076

OFF-MARKET Industrial properties Google Maps
7,143 SF 1.34 ac lot Built 1967
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$345k
Range $311k – $380k (±10%)
Property ID US61-0250263

Property summary

AI-generated overview

This exceptional C-Class industrial property, located at 955 S Valley Dr, offers 7,143 square feet of warehouse space, with 2,300 square feet currently available for lease. The building features a single-tenant occupancy and is zoned C-2. The space includes approximately 1,150 square feet of office space and 1,150 square feet of warehouse space. Convenient access is provided by four drive-in bays, enhancing loading and unloading efficiency. The warehouse also boasts three lifts for ease of material handling. The office area is well-appointed with two private offices and a waiting room, providing a professional and functional workspace. This property is ideally situated behind Corner Auto Sales, offering excellent visibility and convenient access. The property's layout and features make it suitable for a variety of industrial and storage needs. This is a single-tenant space, offering privacy and control. The ample square footage and convenient features make this an attractive opportunity for businesses seeking efficient and functional warehouse space. Serious inquiries are encouraged to explore this prime location and its potential.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1967
Total area 7,143 SF
Lot 1.34 ac (58,307 SF)
Zoning code GEN-COMMERCL
APN 4-006-136-475-153
UPID US61-0250263

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
  • Car Wash
  • Car Dealership

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$650k
Comparable Approach Comparable
$739k
Blend (final) Blend
$345k

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2016
Price N/A
2016
Price N/A
2011
Price N/A

Zoning & alternative use

GEN-COMMERCL · Las Cruces, NM
Top alternative use upside
Auto repair, garage $845,000 +81.4%
Commercial (general) $800,000 +72.3%
Office building $770,000 +66.1%

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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