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16235 New Mexico 28, La Mesa, NM, 88044

1beds
1baths
1,188sqft
$100,000
$84price/sqft
$744/moest. monthly cost
$29,760/yrincome needed

About This Home

Prime Investment Opportunity - Commercial Potential! Located directly on a main street, this property offers unbeatable visibility and easy access--making it an excellent candidate for commercial use. Whether you're looking to develop a retail space, office, or service-based business, the location speaks for itself. High-traffic area, strong street presence, and minutes from major roads and local amenities--this is the kind of opportunity smart investors look for. Unlock the potential and turn this property into your next successful project!

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

6/10
4/10
Gadsden Middle SchoolGrades 7-89.6 mi
7/10
Gadsden High SchoolGrades 9-128.9 mi

Construction

Condition

  • Year built: 1898

Materials

  • Roof: Pitched
  • Construction materials: Adobe

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • See Remarks
  • Window features: See Remarks
  • Flooring: See Remarks

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: None

Interior Area

  • Total structure area: 1,188
  • Total interior livable area: 1,188 sqft

Property

Details

  • Parcel number: 4011148327216
  • Zoning: T4
  • Special condition: Fixer Upper

Features

  • Exterior features: See Remarks

Lot

  • Lot size: 4,791 sqft
  • Features: See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Drought
Inland Flooding
Lightning
Winter Weather
Cold Wave
Hail
Heat Wave

FEMA Declared Disasters in Doña Ana County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$38$456
Property Taxes $53$636
Electricity $148$1,780
Total$744$8,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$25,508/yr
40% on housing$22,320/yr
45% on housing$19,840/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$84This listing

vs Other Active Listings

Avg $/sqft

ZIP 88044$167
Doña Ana County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 88044$177
Doña Ana County$182

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-28Listed for sale$100,000

For Sale by Agent

AgentBetzabe Holguin Gardea
BrokerageKeller Williams Realty

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