505 Venture DrLas Cruces, NM 88007

For Sale
$3,900,000 View listing
  • Warehouses
  • 45,030 SF

Property Details for 505 Venture Dr

Year built
2009
Lot size
15.00 AC
Property size (Sq ft)
45,030 SF
Zone code
REMOTE-MESA
Property type
Warehouses
APN
3-002-138-494-398
APU
3002138494398

Description

This exceptional multi-tenant industrial property, located at 505 Venture Dr, Las Cruces, NM 88007, offers 40,050 square feet of versatile space ideal for manufacturing, warehousing, or distribution operations. The building features a substantial 26-foot clear ceiling height, providing ample room for high-volume storage and operations. Access is facilitated by four drive-in doors, strategically positioned on both the north and south sides of the warehouse, along with nine total grade-level doors for efficient loading and unloading. The property boasts a robust electrical service of 800-amp, 3-phase-4-wire, 480-volt, supported by a 2500 KVA transformer, ensuring reliable power for demanding industrial applications. The office area is equipped with HVAC for comfortable working conditions. Situated in Doña Ana County, this property presents a significant opportunity for businesses seeking a well-equipped and strategically located industrial space in a thriving New Mexico market. The property is zoned for industrial use and is ready for immediate occupancy. This is a rare opportunity to acquire a well-maintained, multi-tenant industrial building in a prime location. Contact us today to schedule a showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,106,990
    Hospitality
    $4,677,976
    Educational
    $3,892,021
    Medical
    $4,025,874
    Retail
    $6,054,255
505 Venture Dr, Las Cruces, New Mexico

Location Insight

City
Las Cruces
County
Dona Ana
State
New Mexico
Latitude
32.2603
Longitude
-106.921
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
$19,689
$100,000
$477,349
$577,349
-
$300,000
$1,432,048
$1,732,048

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