I don't think I'm 100% fully against this, but there would have to be certain conditions met, including not being wanted with a cop nearby, not having a bounty with another player nearby, and no recent damage given/taken. And only one use every hour or so maybe? I don't think teleporting a few hundred meters will really matter in most cases, but it will definitely be abused. I think maybe there should be a 15 second delay to use it perhaps, so you can't just use it to trick people. But it will be abused, I guarantee it.
15 minutes cooldown, you must be out of combat and without wanted level (or far from cops), if you get stuck inside an interior the command will leave you outside next to the Door.