For Sale
$2,000,000

311 Southgate CtLas Cruces, NM 88005

±18,926 SF Flex Space, $2M

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional industrial flex property, located at 311 Southgate Ct in Las Cruces, New Mexico, presents a compelling investment opportunity. The ±18,926 square foot building sits on a ±1.68-acre lot and boasts a 2008 construction date. The property features impressive ceiling heights ranging from 16 to 22 feet, providing ample vertical space for various uses. Climate control is ensured with refrigerated air throughout the building, powered by six 8-ton units. The property is zoned M1, offering flexibility for a range of industrial and commercial applications. Its strategic location offers convenient access to Interstate 10, situated approximately 1.5 miles away. Currently, 50% of the space is leased through November 2026, providing immediate income potential. The asking price for this well-maintained and strategically located property is $2,000,000. This represents a significant opportunity to acquire a substantial industrial flex space in a growing New Mexico market with existing lease income. The property's size, features, and location make it ideal for a variety of businesses seeking a functional and well-equipped space in Doña Ana County, zip code 88005.

Highlights

  • ±18,926 SF industrial flex building
  • ±1.68-acre lot
  • 2008 construction
  • 16' to 22' ceiling heights
  • Refrigerated air (six 8-ton units)
  • M1 zoning

Property Details for 311 Southgate Ct

Property type
Industrial properties, Flex space

Location Insight

City
Las Cruces
County
Doña Ana
State
New Mexico
Latitude
32.298095535212
Longitude
-106.80636821956
311 Southgate Ct, Las Cruces, New Mexico

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311 Southgate Ct
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