955 Valley DrLas Cruces, NM 88005

  • Industrial properties
  • 7,143 SF
For Lease
$23.48/SF/YR View listing

Property Details for 955 Valley Dr

Year built
1967
Lot size
1.34 AC
Property size (Sq ft)
7,143 SF
Zone code
GEN-COMMERCL
Property type
Industrial properties
APN
4-006-136-475-153
APU
4006136475153

Description

This exceptional C-Class industrial property, located at 955 S Valley Dr, offers 7,143 square feet of warehouse space, with 2,300 square feet currently available for lease. The building features a single-tenant occupancy and is zoned C-2. The space includes approximately 1,150 square feet of office space and 1,150 square feet of warehouse space. Convenient access is provided by four drive-in bays, enhancing loading and unloading efficiency. The warehouse also boasts three lifts for ease of material handling. The office area is well-appointed with two private offices and a waiting room, providing a professional and functional workspace. This property is ideally situated behind Corner Auto Sales, offering excellent visibility and convenient access. The property's layout and features make it suitable for a variety of industrial and storage needs. This is a single-tenant space, offering privacy and control. The ample square footage and convenient features make this an attractive opportunity for businesses seeking efficient and functional warehouse space. Serious inquiries are encouraged to explore this prime location and its potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,569,500
    6.5%
    $1,448,770
    7%
    $1,345,280
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,901,750
    Geo Method
    $1,901,750
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $744,673
    Mixed-Use / Specialty
    $743,400
    Hospitality / Lodging
    $547,208
    Office
    $740,423
    Institutional / Educational
    $773,330
    Residential Income
    $904,796
    Multifamily
    $1,077,500
    Automotive / Energy
    $662,854
    Parking / Income-Based Land
    $227,378
    Restaurant / Food Service
    $389,597
    Healthcare / Senior Housing
    $760,926

Location Insight

City
Las Cruces
County
Dona Ana
State
New Mexico
Latitude
32.297
Longitude
-106.787
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
$10,974
$63,166
$258,627
$321,793
-
$189,498
$775,882
$965,380

FAQs

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