5340 Mcnutt RdSanta Teresa, NM 88008

Property Details for 5340 Mcnutt Rd

Year built

1997

Lot size

5.51 AC

Property size (Sq ft)

13,158 SF

Zone code

AGRICULTURAL

Property type

Office buildings

APN

4-016-167-240-040

APU

4016167240040

Description

This exceptional commercial property, located at 5340 McNutt Rd in Santa Teresa, New Mexico, presents a significant opportunity for businesses seeking versatile office space. The Roadrunner Building, a Class B property constructed in 1988, offers a total of 14,660 square feet across a 1.98-acre lot. Currently configured for multiple tenants, this building is zoned C-2 and features ample parking with 27 spaces, providing a parking ratio of 1.84 spaces per 1,000 square feet. The property's address is 5340 McNutt Rd, Santa Teresa, NM 88008, with its location easily identifiable via the provided latitude and longitude coordinates. The building's traditional office layout is complemented by executive office suites, catering to a variety of business needs. The property's Assessed Parcel Number (APN) is 16-03232 within Doña Ana County. Two spaces totaling 5,000 square feet are currently available for lease. This presents a unique chance to establish a presence in the thriving Santa Teresa Tech Center. The property's size and amenities make it ideal for a range of businesses seeking a well-maintained and conveniently located office space in Doña Ana County. Inquire today to learn more about this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,303,747

  6.5%

  $1,203,459

  7%

  $1,117,498

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,189,491

  Geo Method

  $2,189,491

• Alternative Use

  Use

  Valuation

  Residential

  $1,492,289

  Hospitality

  $1,366,929

  Educational

  $1,137,269

  Medical

  $1,176,381

  Retail

  $1,769,085

Location Insight

City

Sunland Park

County

Dona Ana

State

New Mexico

Latitude

31.8497

Longitude

-106.625

CBSA code

29740

CBSA name

LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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