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    4001 Northrise Dr Las Cruces, NM 88011

    For Sale
    $1,099,672

    Development lot with frontage, near residential areas and retail.

    Lot size:
    1.87 Acres

    Property Features for 4001 Northrise Dr

    General Information

    Lot size
    1.87 Acres

    Source: NAI 1st Valley Realty Agent Cheryl Reome

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

    Overview

    Development Lot on Northrise Drive

    This property is a development lot suitable for a single user or a strip center. It features frontage on Northrise Drive and is located in close proximity to the Sonoma Ranch and Metro Verde residential developments. The property is less than 0.5 miles from the Wal-Mart Supercenter on Rinconada. The zoning is C-3.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -106.742442
    Latitude
    32.3668113

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    FAQs

    What type of property is this?
    Land - Development lot with frontage, near residential areas and retail.
    Where is this land located?
    The property is located at 4001 Northrise Dr Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $1,099,672.
    What are key features of this property?
    This property features: - Great development lot suitable for single user or strip center.; - Located near Sonoma Ranch and Metro Verde, two of the largest residential developments.; - Significant frontage on Northrise Drive.
    (575) 644-9165
    Request Owner's contact information
    4001 Northrise 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
    4001 Northrise Dr Las Cruces, NM 88011
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