3200 PicachoLas Cruces, NM 88007

  • Warehouses
  • 10,800 SF
Off market
$10,018,800 Estimated

Property Details for 3200 Picacho

Year built
1968
Lot size
1.00 AC
Property size (Sq ft)
10,800 SF
Zone code
GEN-COMMERCL
Property type
Warehouses
APN
4-005-135-047-148
APU
4005135047148

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,373,030
    6.5%
    $2,190,490
    7%
    $2,034,030
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,875,390
    Geo Method
    $2,875,390
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,125,920
    Mixed-Use / Specialty
    $1,124,000
    Hospitality / Lodging
    $827,362
    Office
    $1,119,500
    Institutional / Educational
    $1,169,250
    Residential Income
    $1,368,020
    Multifamily
    $1,629,150
    Automotive / Energy
    $1,002,220
    Parking / Income-Based Land
    $343,788
    Restaurant / Food Service
    $589,059
    Healthcare / Senior Housing
    $1,150,500

Location Insight

City
Las Cruces
County
Dona Ana
State
New Mexico
Latitude
32.3116
Longitude
-106.819
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
$4,447
$58,080
$76,312
$134,392
-
$174,240
$228,936
$403,176

FAQs

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