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506 S Main St; Las Cruces, NM Property Details

506 S Main St, Las Cruces, NM is a Commercial Vacant Land that was built in 1966. This property is currently Financed and is not for sale. Our records show that 506 S Main St has a total of 91,346 square feet. The lot size of 506 S Main St is 152,460 square feet.

Off market
506 S Main St Las Cruces, NM 88001
$1,250,000 Estimated Value
91,346 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1966
  • Purchase Price: $9,948,400
  • Open Loans / Balance: 1 / $5,080,575
  • APN: 02-40898
  • Situs County: Dona Ana
  • Length Of Ownership: 4 years

Structure

  • Building Style: Concrete
  • Stories: 10
  • Exterior Wall Type: Concrete
  • Building Condition: Good
  • Building Quality: C
  • Sewer Type: Municipal

Measurements

  • Total: 91,346/SqFt
  • Lot: 152,460/SqFt
  • Gross: 91,346/SqFt
  • Living: 91,346/SqFt
  • Building: 91,346/SqFt
  • Ground: 15,134/SqFt
  • Price Per Square Foot: $108.91

Legal Description

  • Description: SUBD: WELLS FARGO TRACT SUBDIVISION (BK 22 PG 429-430 - 0805940) BLOCK: TRACT A S: 18 T: 23S R: 2E S: 18 T: 23S R: 2E BRM 9A TR 11A 11B BRM TR 11C MAIN (TOWER) STATUE OF SORROWFUL MOTHER
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Las Cruces Public Schools
  • Lat / Lon: 32.305065 / -106.77857
  • Subdivision: Wells Fargo
  • Property Class: Vacant
  • County Use Code: C

Amenities

  • Plus Four: 1207

Ownership Info

506 S Main St has no associated ownership info
506 S Main St has no associated ownership info.

Taxes

506 S Main St has 10 associated Taxes items

506 S Main St, Las Cruces, NM pays taxes in Dona Ana County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,250,000. The APN we've located for 506 S Main St is 02-40898.

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Taxes
  • Assessed Value:  $1,250,000
  • Assessed Year:  2025
  • Assessed County:  Dona Ana
  • APN:  02-40898
  • Assessed Land Value:  203280
  • Market Land Value:  609840
  • Tax Amount:  41748.76
  • Tax Year:  2025
  • Market Value:  3750000
  • Market Year:  2025

Tax History

506 S Main St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,250,000 Land Value $203,280 Improvement Value $1,046,720 Tax Amount $41,748.76 Change Rate -0.019925% Assessed CR Tax Rate +0.033399%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $42,597.52 Change Rate -0.000704% Assessed CR Tax Rate
Year 2023 Assessed Value $1,250,000 Land Value $203,280 Improvement Value $1,046,720 Tax Amount $42,627.52 Change Rate -0.013509% Assessed CR Tax Rate +0.034102%
Year 2022 Assessed Value $1,250,000 Land Value $203,280 Improvement Value $1,046,720 Tax Amount $43,211.24 Change Rate -0.09649% Assessed CR Tax Rate +0.034569%
Year 2021 Assessed Value $1,383,333 Land Value $203,280 Improvement Value $1,180,053 Tax Amount $47,825.96 Change Rate +0.00055% Assessed CR Tax Rate +0.034573%
Year 2020 Assessed Value $1,383,333 Land Value $203,280 Improvement Value $1,180,053 Tax Amount $47,799.68 Change Rate +0.000405% Assessed CR Tax Rate +0.034554%
Year 2019 Assessed Value $1,383,333 Land Value $203,280 Improvement Value $1,180,053 Tax Amount $47,780.32 Change Rate +0.397115% Assessed CR Tax Rate +0.03454%
Year 2018 Assessed Value $989,963 Land Value $203,280 Improvement Value $786,683 Tax Amount $34,199.28 Change Rate +0.429251% Assessed CR Tax Rate +0.034546%
Year 2017 Assessed Value $744,334 Land Value $203,267 Improvement Value $541,067 Tax Amount $23,928.12 Change Rate -0.012532% Assessed CR Tax Rate +0.032147%
Year 2016 Assessed Value $744,334 Land Value $203,267 Improvement Value $541,067 Tax Amount $24,231.8 Change Rate +1.03613% Assessed CR Tax Rate +0.032555%
Year 2015 Assessed Value $2,200,000 Land Value $609,800 Improvement Value $1,590,200 Tax Amount $11,900.91 Change Rate -0.499553% Assessed CR Tax Rate +0.00541%
Year 2014 Assessed Value $2,200,000 Land Value $609,800 Improvement Value $1,590,200 Tax Amount $23,780.55 Change Rate Assessed CR Tax Rate +0.010809%