300 E Foster Rd
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300 E Foster Rd
7,367 SF Office Building Las Cruces, NM 88005 $2,346,514 CAD ($319 CAD/SF)
Investment Highlights
- Financial Institution
- Excellent Condition & Parking
- Existing Drive Through
Executive Summary
CBC Lewis Realty Group in conjunction with CBC Las Colinas (Qualified New Mexico Broker) proudly introduces a prime opportunity for office building investors and business owners in the Las Cruces area. The building is currently owned and occupied by First Light Federal Credit Union who will vacate the building. This 7,367 sf property, built in 1980 and renovated in 1990, offers a compelling investment with its ideal features. Zoned C-2, the property boasts an existing drive through, excellent condition and abundant parking - making this well suited for a financial institution or professional office space. Its excellent central location and ease of access add to its allure.
Located in the heart of Las Cruces, NM, the area surrounding the property offers a dynamic mix of business and leisure. Nearby, investors will find the vibrant downtown district with diverse dining options, cultural attractions and unique shopping, a conducive environment for all businesses. The location benefits from close proximity to New Mexico State University, offering access to a talented workforce fostering innovation.
Located in the heart of Las Cruces, NM, the area surrounding the property offers a dynamic mix of business and leisure. Nearby, investors will find the vibrant downtown district with diverse dining options, cultural attractions and unique shopping, a conducive environment for all businesses. The location benefits from close proximity to New Mexico State University, offering access to a talented workforce fostering innovation.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
Sale Type
Owner User
Property Type
Office
Building Size
7,367 SF
Building Class
B
Year Built/Renovated
1980/1990
Price
$2,346,514 CAD
Price Per SF
$319 CAD
Building Height
1 Story
Typical Floor Size
7,367 SF
Building FAR
0.06
Lot Size
3.06 AC
Zoning
C-2 - Neighborhood Commercial
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $360,377 CAD (2023) | |
| Land Assessment | $231,708 CAD (2023) | Total Assessment | $592,085 CAD (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$231,708 CAD (2023)
Improvements Assessment
$360,377 CAD (2023)
Total Assessment
$592,085 CAD (2023)
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300 E Foster Rd
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