1007 El Paseo RdLas Cruces, NM 88001

  • Retail space
  • 3,120 SF
For Sale
$485,000 View listing

Property Details for 1007 El Paseo Rd

Year built
1984
Lot size
0.37 AC
Property size (Sq ft)
3,120 SF
Zone code
GEN-COMMERCL
Property type
Retail space
APN
4-007-136-347-023
APU
4007136347023

Description

This exceptional retail storefront opportunity is located at 1007 El Paseo Rd in Las Cruces, New Mexico, 88001. The property boasts 3,120 square feet of vacant space within a single-story building situated on a substantial 16,117 square foot lot. The asking price is $485,000, translating to $155.45 per square foot. Its prime location on one of Las Cruces' busiest roadways ensures high visibility and significant foot traffic. The building's design offers the potential for a drive-through option, adding further appeal and functionality. This is a standalone building, providing excellent independence and branding opportunities. Note that a joint sale option exists with a neighboring property at 908 S Solano Drive for a combined price of $695,000. This presents a unique opportunity for expansion or investment diversification. The property is categorized as retail, specifically a storefront, and is currently vacant, ready for immediate occupancy and customization to suit a wide range of businesses. The property is located in Doña Ana County. Detailed information regarding the joint sale opportunity is available upon request.

1007 El Paseo Rd, Las Cruces, New Mexico
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Location Insight

City
Las Cruces
County
Dona Ana
State
New Mexico
Latitude
32.3005
Longitude
-106.774
CBSA code
29740
CBSA name
LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,620
$24,176
$52,661
$76,837
-
$72,527
$157,984
$230,511

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