410 Valley DrLas Cruces, NM 88005

Property Details for 410 Valley Dr

Year built

1955

Lot size

0.14 AC

Property size (Sq ft)

3,038 SF

Zone code

GEN-COMMERCL

Property type

Retail space

APN

4-006-135-310-455

APU

4006135310455

Description

This exceptional commercial property located at 410 S Valley Drive, Las Cruces, NM 88005, presents a unique investment opportunity. Situated in Dona Ana County, this single-tenant property offers versatile usage potential. While the building itself has zero square footage listed, the property includes a substantial land parcel suitable for various commercial applications. The existing structure could function as an office or retail space, complemented by a convenient back shop area and a small, usable yard. This combination of building and land provides significant flexibility for a wide range of businesses. The property's address is 410 S Valley Drive, and its precise coordinates are latitude 32.303152 and longitude -106.7927948. This is a single-tenant property, ideal for a business seeking a dedicated space with outdoor area. The property is also available for sale, presenting a dual opportunity for investors. The property's zoning and potential for expansion should be verified independently. This is a rare chance to acquire a versatile commercial property in a desirable Las Cruces location. Serious inquiries are encouraged to explore the full potential of this unique offering.

• CAP approach

  CAP return

  Valuation

  6%

  $442,495

  6.5%

  $408,457

  7%

  $379,282

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,273,918

  Geo Method

  $1,273,918

• Alternative Use

  Use

  Valuation

  Residential

  $344,549

  Hospitality

  $315,605

  Educational

  $262,580

  Medical

  $271,610

  Retail

  $408,457

Location Insight

City

Las Cruces

County

Dona Ana

State

New Mexico

Latitude

32.3032

Longitude

-106.793

CBSA code

29740

CBSA name

LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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