Las Cruces, NM Strip Malls for Sale

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Mesilla, NM La Mesa, NM Dona Ana, NM Mesquite, NM Organ, NM Vado, NM Radium Springs, NM Berino, NM

Updated: Jul 31, 2025

Anchored Shopping Center

1300 El Paseo Rd, Las Cruces, NM 88001

$6,700,000

60,932 sqft

60,932‑square‑foot shopping center
90% occupancy
Anchored by Planet Fitness
Junior anchors include The UPS Store, H&R Block, and Metro by T‑Mobile
Frontage on El Paseo Rd, a major north‑south thoroughfare

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This listing looks promising.

Here's a quick look at some key insights for

1300 El Paseo Rd, Las Cruces, NM 88001

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$494K
Annual
Price @ 7% Cap

$7.06M
Above asking
Property Type

Retail Stores
Built 1990

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Updated: Sep 20, 2025

4-Unit Strip Mall

144 Wyatt Dr, Las Cruces, NM 88005

$1,100,000

7,380 sqft

Four‑unit retail building with all units fully leased
Shared restrooms and break room for tenants and staff
Central air and forced‑air heating
24,000 listed in the property data
Lot size listed as .51 to .75 AC

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Based on your search, we've compiled 55 Potential Opportunities for your consideration. Besides 2 Active listings in Las Cruces, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 49 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Retail Center

619 Sudderth Dr, Ruidoso, NM 88345

$1,100,000

10,800 sqft 0.25 AC lot

Ten separate retail suites in a multi-tenant center front busy Hwy 48/Sudderth Dr with on-site parking and a roof replacement.

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Custom-Built Strip Center

1129 Mechem Dr, Ruidoso, NM 88345

$2,790,000

6,800 sqft

Retail center surrounded by downtown businesses, established shops, and nearby recreational destinations.

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Small Retail Center with Two Units

193 N Zaragoza Rd, El Paso, TX 79907

Contact for pricing

Vacant small retail center includes two retail/office spaces and sale of an adjacent parcel with additional parking area.

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Open-Concept Retail Space

5130-5130 Montana Avenue, El Paso, TX 79903

Contact for pricing

Fully open-concept retail suite with strong street visibility along Montana Avenue in El Paso.

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Off-Market Properties in Las Cruces, NM

Consider similar Off-Market properties in Las Cruces, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SHOPPING CENTER, STRIP CENTER

830 Picacho Ave, Las Cruces, NM 88005-2236

$320,000

Estimated value

5,960 sqft 0.48 AC lot

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SHOPPING CENTER, STRIP CENTER

951 Solano Dr, Las Cruces, NM 88001-2314

$310,000

Estimated value

3,678 sqft 0.29 AC lot

View details

SHOPPING CENTER, STRIP CENTER

522 Idaho Ave, Las Cruces, NM 88001-3865

$440,000

Estimated value

15,192 sqft 1.96 AC lot

View details

SHOPPING CENTER, STRIP CENTER

1105 Solano Dr, Las Cruces, NM 88001-2349

$330,000

Estimated value

6,000 sqft 0.37 AC lot

View details

SHOPPING CENTER, STRIP CENTER

144 Wyatt Dr, Las Cruces, NM 88005-2925

$340,000

Estimated value

7,380 sqft 0.55 AC lot

View details

SHOPPING CENTER, STRIP CENTER

5702 Bataan Memorial E, Las Cruces, NM 88011-6021

$510,000

Estimated value

18,000 sqft 5.91 AC lot

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SHOPPING CENTER, STRIP CENTER

1335 Idaho Ave, Las Cruces, NM 88001-4336

$315,000

Estimated value

6,142 sqft 0.62 AC lot

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SHOPPING CENTER, STRIP CENTER

1210 Madrid Ave, Las Cruces, NM 88001-1931

$310,000

Estimated value

3,510 sqft 0.21 AC lot

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SHOPPING CENTER, STRIP CENTER

121 Wyatt Dr Ste, Las Cruces, NM 88005-2960

Unit 1

$445,000

Estimated value

16,861 sqft 2.14 AC lot

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SHOPPING CENTER, STRIP CENTER

201 Solano Dr, Las Cruces, NM 88001-3010

$425,000

Estimated value

13,886 sqft 1.28 AC lot

View details

SHOPPING CENTER, STRIP CENTER

395 Vly Dr, Las Cruces, NM 88005

$360,000

Estimated value

8,400 sqft 1.30 AC lot

View details

SHOPPING CENTER, STRIP CENTER

2185 Amador Ave, Las Cruces, NM 88005-4030

$415,000

Estimated value

15,141 sqft 1.50 AC lot

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SHOPPING CENTER, STRIP CENTER

400 Telshor Blvd Ste B, Las Cruces, NM 88011-8214

$340,000

Estimated value

6,591 sqft 0.60 AC lot

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SHOPPING CENTER, STRIP CENTER

2801 Missouri Ave, Las Cruces, NM 88011-5075

$460,000

Estimated value

14,655 sqft 2.18 AC lot

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SHOPPING CENTER, STRIP CENTER

1290 Foster Rd, Las Cruces, NM 88001-3740

$315,000

Estimated value

4,109 sqft 0.32 AC lot

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SHOPPING CENTER, STRIP CENTER

225 Idaho Ave, Las Cruces, NM 88005-3257

$880,000

Estimated value

20,875 sqft 5.76 AC lot

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SHOPPING CENTER, STRIP CENTER

518 Telshor Blvd, Las Cruces, NM 88011-8242

$290,000

Estimated value

5,928 sqft 0.60 AC lot

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SHOPPING CENTER, STRIP CENTER

111 Roadrunner Pkwy, Las Cruces, NM 88011-8281

$515,000

Estimated value

9,520 sqft 1.72 AC lot

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SHOPPING CENTER, STRIP CENTER

3851 Lohman Ave, Las Cruces, NM 88011-8296

$570,000

Estimated value

8,181 sqft 1.99 AC lot

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SHOPPING CENTER, STRIP CENTER

1800 Lohman Ave, Las Cruces, NM 88001-3174

$265,000

Estimated value

2,916 sqft 0.23 AC lot

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SHOPPING CENTER, STRIP CENTER

555 Utah Ave, Las Cruces, NM 88001-6044

$365,000

Estimated value

8,112 sqft 1.20 AC lot

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SHOPPING CENTER, STRIP CENTER

2293 Divot Ave, Las Cruces, NM 88001-8416

$385,000

Estimated value

13,096 sqft 1.36 AC lot

View details

Las Cruces, NM Strip Malls Market Trends and Statistics

Explore 51 strip malls for sale in Las Cruces, NM on our real estate platform. These investment opportunities span a total of 68,312 square feet of properties for sale, with an estimated market value of $7,800,000.

Sale prices for retail strips in Las Cruces, NM start at $1,100,000, averaging $3,900,000, and reaching up to $6,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 159K

Population Growth (5Y) +10.5%

Median Household Income $57,444

College Educated 43.5%

Taxes & Financing

Tax Rate (average for all types) 3.37%

Property Tax per SF $72.66 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dona Ana County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Las Cruces fall within the 100,000+ square foot range.

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Las Cruces, NM Strip Malls for Sale

1300 El Paseo Rd, Las Cruces, NM 88001

144 Wyatt Dr, Las Cruces, NM 88005

Opportunities in Nearby Cities

619 Sudderth Dr, Ruidoso, NM 88345

1129 Mechem Dr, Ruidoso, NM 88345

193 N Zaragoza Rd, El Paso, TX 79907

5130-5130 Montana Avenue, El Paso, TX 79903

Off-Market Properties in Las Cruces, NM

830 Picacho Ave, Las Cruces, NM 88005-2236

951 Solano Dr, Las Cruces, NM 88001-2314

522 Idaho Ave, Las Cruces, NM 88001-3865

1105 Solano Dr, Las Cruces, NM 88001-2349

144 Wyatt Dr, Las Cruces, NM 88005-2925

5702 Bataan Memorial E, Las Cruces, NM 88011-6021

1335 Idaho Ave, Las Cruces, NM 88001-4336

1210 Madrid Ave, Las Cruces, NM 88001-1931

121 Wyatt Dr Ste, Las Cruces, NM 88005-2960

201 Solano Dr, Las Cruces, NM 88001-3010

395 Vly Dr, Las Cruces, NM 88005

2185 Amador Ave, Las Cruces, NM 88005-4030

400 Telshor Blvd Ste B, Las Cruces, NM 88011-8214

2801 Missouri Ave, Las Cruces, NM 88011-5075

1290 Foster Rd, Las Cruces, NM 88001-3740

225 Idaho Ave, Las Cruces, NM 88005-3257

518 Telshor Blvd, Las Cruces, NM 88011-8242

111 Roadrunner Pkwy, Las Cruces, NM 88011-8281

3851 Lohman Ave, Las Cruces, NM 88011-8296

1800 Lohman Ave, Las Cruces, NM 88001-3174

555 Utah Ave, Las Cruces, NM 88001-6044

2293 Divot Ave, Las Cruces, NM 88001-8416

Las Cruces, NM Strip Malls Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

Taxes & Financing

Listings Trend

Property Size Breakdown

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