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1601 El Paseo Rd
Las Cruces, NM 88001
Hard-Corner Retail Pad Site · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Hard-corner pad site with full access and strong visibility
- Surrounded by national retailers and dense residential
- High traffic counts and adjacent to Las Cruces High School
- Zoned C-2 with drive-thru potential for QSR or retail
- Just minutes from NMSU and Downtown Las Cruces
EXECUTIVE SUMMARY
Positioned at a high-visibility hard corner along El Paseo Road, this ±0.23-acre retail pad site offers a rare opportunity for small-format retail or service development in the heart of Las Cruces. The ±726 SF building sits at the intersection of El Paseo and Montana Avenue, surrounded by national and local retailers including Sonic, Dollar Tree, Ross Dress for Less, and Albertsons. With traffic counts reaching 14,000 vehicles per day, the site benefits from strong exposure and accessibility.
The property is zoned C-2 Community Commercial, allowing for a wide range of uses including drive-thru operations. Its proximity to Las Cruces High School, New Mexico State University, and dense multifamily neighborhoods makes it an ideal location for a quick-serve restaurant, boutique retail, or service-oriented business. The parcel’s compact footprint and corner positioning make it especially attractive for developers seeking a bite-size investment in a thriving retail corridor.
Las Cruces, the second-largest city in New Mexico, is a regional hub with a population of over 117,000 and a median household income of $77,797. The city is home to NMSU’s 21,700 students and sits just 48 miles from El Paso, TX. With a strong employment base in government, education, and trade, Las Cruces continues to attract both national tenants and local entrepreneurs.
The property is zoned C-2 Community Commercial, allowing for a wide range of uses including drive-thru operations. Its proximity to Las Cruces High School, New Mexico State University, and dense multifamily neighborhoods makes it an ideal location for a quick-serve restaurant, boutique retail, or service-oriented business. The parcel’s compact footprint and corner positioning make it especially attractive for developers seeking a bite-size investment in a thriving retail corridor.
Las Cruces, the second-largest city in New Mexico, is a regional hub with a population of over 117,000 and a median household income of $77,797. The city is home to NMSU’s 21,700 students and sits just 48 miles from El Paso, TX. With a strong employment base in government, education, and trade, Las Cruces continues to attract both national tenants and local entrepreneurs.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
726 SF
Building Class
C
Year Built
1971
Price
$275,758 CAD
Price Per SF
$379.83 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.23 AC
Zoning
C-2 - Community Commercial with drive-thru allowed
Parking
8 Spaces (11.02 Spaces per 1,000 SF Leased)
Frontage
59’ on El Paseo Rd
PROPERTY TAXES
| Parcel Number | 02-26377 | Improvements Assessment | $6,882 CAD |
| Land Assessment | $24,409 CAD | Total Assessment | $31,291 CAD |
PROPERTY TAXES
Parcel Number
02-26377
Land Assessment
$24,409 CAD
Improvements Assessment
$6,882 CAD
Total Assessment
$31,291 CAD
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