111 Avenida Ascencion Santa Teresa, NM
Call to check price and availability
Land parcels in Opportunity Zone with tax incentives.
Type:LAND
Lot size:
12.67 Acres- Added:
- Dec 2, 2021
- Days on Market:
- 1617
- Last Refresh:
- Apr 5 at 10:23 pm
Property Features for 111 Avenida Ascencion
General Information
- Standard status
- Active
- Lot size
- 12.67 Acres
- Property subtype
- LAND
Listing agent Ricardo Fernandez (915) 539-2083
Listing office CBRE, Inc. - El Paso (915) 539-2083
Listing date Dec 2, 2021
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE, Inc. - El Paso
HighLights
- Located in an Opportunity Zone.
- Significant tax incentives including lower property taxes, no inventory tax, and credits for job creation.
- Access to one of Union Pacific's largest intermodal yards.
- Favorable overweight cargo allowances (up to 96,000 lbs and 18 ft width).
- Foreign Trade Zone designation.
- Proximity to the Santa Teresa Port of Entry allowing unloading within a six‑mile radius from Mexico.
Overview
Santa Teresa Opportunity Zone Land
Available land parcels are located in an Opportunity Zone. New Mexico allows for overweight cargo, up to 96,000 lbs., and 18 ft. width. Businesses entering from Mexico can unload within a six-mile radius. The state offers aggressive tax incentives, including 67% less real estate and personal property taxes than a neighboring state, no inventory tax, no sales taxes charged for trade support companies, a Foreign Trade Zone, an overweight cargo zone out of Santa Teresa Port of Entry, tax credits for job creation, and a Job Training Incentive Program. The Union Pacific Railroad chose Santa Teresa to build one of their largest intermodal yards in its entire system, providing rail service and overseas container storage. Recent developments include an MCS manufacturing building, a Federal Express distribution facility, and the Cold Valley Storage Facility, completed in 2017.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Santa Teresa
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.69
- Latitude
- 31.789
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Land parcels in Opportunity Zone with tax incentives.
Where is this land located?
The property is located at 111 Avenida Ascencion Santa Teresa, NM.
What are key features of this property?
This property features: Located in an Opportunity Zone.; Significant tax incentives including lower property taxes, no inventory tax, and credits for job creation.; Access to one of Union Pacific's largest intermodal yards.
