2800 Airport RdSanta Teresa, NM 88008

  • Warehouses
  • 225,200 SF

Property Details for 2800 Airport Rd

Year built
2000
Construction
CONCRETE
Lot size
13.07 AC
Property size (Sq ft)
225,200 SF
Zone code
REMOTE-MESA
Property type
Warehouses
APN
4-012-165-052-388
APU
4012165052388

Description

This exceptional Class A industrial warehouse, located at 2800 Airport Road in Doña Ana County, offers a substantial 176,000 square feet of immediately available space. The single-story building boasts a total of 224,000 square feet, making it ideal for large-scale distribution or warehousing operations. The property features 24-foot clear ceiling heights, providing ample vertical space for efficient storage and operations. Loading and unloading are facilitated by 18 loading docks and 3 drive-in doors, ensuring smooth and efficient logistics. A generous 120-foot truck court provides ample maneuvering space for large vehicles. The column spacing of 40 feet by 50 feet allows for flexible layout configurations to suit diverse operational needs. The building is equipped with an ESFR (Early Suppression Fast Response) fire sprinkler system, providing superior fire protection. This multi-tenant property presents a unique opportunity for businesses seeking significant warehouse space in a prime location. The property's size, features, and location make it an attractive option for companies requiring substantial storage and distribution capabilities. Don't miss this chance to secure a significant footprint in a high-demand market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $49,482,100
    6.5%
    $45,675,800
    7%
    $42,413,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $59,957,200
    Geo Method
    $59,957,200
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $23,477,600
    Mixed-Use / Specialty
    $23,437,400
    Hospitality / Lodging
    $17,252,000
    Office
    $23,343,600
    Institutional / Educational
    $24,381,100
    Residential Income
    $28,525,800
    Multifamily
    $33,970,900
    Automotive / Energy
    $20,898,100
    Parking / Income-Based Land
    $7,168,620
    Restaurant / Food Service
    $12,283,000
    Healthcare / Senior Housing
    $23,990,000

Location Insight

City
Santa Teresa
County
Dona Ana
State
New Mexico
Latitude
31.8696
Longitude
-106.699
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
$84,593
$284,490
$2,248,843
$2,533,333
-
$853,471
$6,746,529
$7,600,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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