715 Amador AveLas Cruces, NM 88001

Property Details for 715 Amador Ave

Lot size

0.18 AC

Zone code

GEN-COMMERCL

Property type

Retail properties

Property subtype

Parking lots & garages

APN

4-007-135-436-254

APU

4007135436254

Description

This exceptional 18,000-square-foot commercial property, located at 715 E Amador Ave in Las Cruces, New Mexico, presents a unique investment opportunity. Currently vacant, this retail building is ideally suited for an auto shop or similar business, boasting a spacious showroom and a substantial service center. Constructed in 2007, the building sits on two parcels encompassing 1.92 acres, providing ample parking and room for expansion. The property features multiple roll-up doors for convenient vehicle access and is secured by perimeter fencing. The asking price is $2,100,000. The property is zoned C3C, offering flexibility for various commercial uses. Its strategic location in Doña Ana County, with a zip code of 88001, provides excellent visibility and accessibility. This turnkey operation is ready for immediate occupancy, offering a significant advantage for a buyer looking to establish or expand their business in a thriving market. The expansive lot size and existing infrastructure provide a solid foundation for future growth and development. This is a rare opportunity to acquire a well-maintained, spacious commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,161,586

  6.5%

  $1,072,234

  7%

  $995,646

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,344,141

  Geo Method

  $3,344,141

• Alternative Use

  Use

  Valuation

  Residential

  $904,469

  Hospitality

  $828,489

  Educational

  $689,293

  Medical

  $712,999

  Retail

  $1,072,234

Location Insight

City

Las Cruces

County

Dona Ana

State

New Mexico

Latitude

32.3087

Longitude

-106.772

CBSA code

29740

CBSA name

LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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