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    3500 Morning Star Dr Las Cruces, NM 88011

    For Sale
    Contact for pricing

    15 acres of land suitable for senior care development.

    Property size:
    15 SF
    Lot size:
    15.00 Acres

    Property Features for 3500 Morning Star Dr

    General Information

    Size
    15 SF
    Lot size
    15.00 Acres

    Source: Laurence Bergman Agent Laurence Bergman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Ideal for Multifamily

    This 15-acre land parcel is available for sale by owner and is ideally suited for multifamily development. The property is located on Morning Star, with accessibility via Sonoma Ranch Boulevard or Roadrunner Parkway. It is adjacent to the recently developed Haciendas at Grace Village. The property is considered ideal for developing a continuum of senior care, apartments, or condominiums. The seller will consider selling individual parcels, including Parcel 7 (5.1230 acres), Parcel 6 (5.073 acres), and Parcel 12 (4.553 acres). Seller financing is available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.740878
    Latitude
    32.352072

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    FAQs

    What type of property is this?
    Land - 15 acres of land suitable for senior care development.
    Where is this land located?
    The property is located at 3500 Morning Star Dr Las Cruces, NM.
    What are key features of this property?
    This property features: - 15 acres ideal for multifamily development, perfect for senior care, apartments, or condominiums.; - Seller financing available, making this an accessible investment opportunity.; - Located on Morning Star, with easy access via Sonoma Ranch Blvd & Roadrunner Parkway.
    (513) 515-5488
    Request Owner's contact information
    3500 Morning Star Dr Las Cruces, NM 88011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3500 Morning Star Dr Las Cruces, NM 88011
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