1065 Main StLas Cruces, NM 88005

Property Details for 1065 Main St

Year built

1984

Construction

FRAME

Lot size

1.28 AC

Property size (Sq ft)

15,480 SF

Zone code

GEN-COMMERCL

Property type

Office buildings

APN

4-007-136-238-051

APU

4007136238051

Description

This exceptional 1200-square-foot office space is ideally situated in the heart of Las Cruces' vibrant downtown area, within the Sun Belt Plaza. Located at 1065 S Main Street, Building D, Suite F, this single-tenant office boasts a prime location at the corner of S Main Street and Wyatt Drive. The suite is conveniently located on the second floor of Building D, offering easy access from Wyatt Drive. The spacious layout includes seven individual rooms, providing ample space for various office functions. A unique feature of this property is a private balcony accessible from one of the rooms, offering a pleasant outdoor space. The property is classified as a Class C office and is zoned C2. The APN is 4-007-136-238-051. This turnkey office is ready for immediate occupancy, making it an excellent opportunity for businesses seeking a well-located and functional workspace in a thriving downtown setting. The property's convenient location offers easy access to local amenities and major transportation routes. This is a single-tenant space, perfect for a business seeking a dedicated and private office environment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,533,820

  6.5%

  $1,415,834

  7%

  $1,314,703

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,575,872

  Geo Method

  $2,575,872

• Alternative Use

  Use

  Valuation

  Residential

  $1,755,634

  Hospitality

  $1,608,152

  Educational

  $1,337,963

  Medical

  $1,383,978

  Retail

  $2,081,276

Location Insight

City

Las Cruces

County

Dona Ana

State

New Mexico

Latitude

32.2997

Longitude

-106.778

CBSA code

29740

CBSA name

LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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