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155 Avenida Delicias Santa Teresa, NM

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For Sale
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Land parcels in Opportunity Zone with logistical and financial advantages.

Lot size:
12.06 Acres

Property Features for 155 Avenida Delicias

General Information

Lot size
12.06 Acres

Source: CBRE, Inc. - El Paso Agent Ricardo Fernandez

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


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 tax incentives, including lower real estate and personal property taxes compared to a neighboring state, no inventory tax, and no sales taxes charged for trade support companies. Additional benefits include 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 has established one of its largest intermodal yards in Santa Teresa, providing rail service and overseas container storage. Recent developments in the area 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
-106.8874634
Latitude
31.9979197

FAQs

What type of property is this?
Land - Land parcels in Opportunity Zone with logistical and financial advantages.
Where is this land located?
The property is located at 155 Avenida Delicias Santa Teresa, NM.
What are key features of this property?
This property features: - Located in an Opportunity Zone; - Aggressive tax incentives including 67% less real estate and personal property taxes than neighboring state (Texas), no inventory tax, and no sales taxes charged for trade support companies; - Union Pacific Railroad operates one of their largest intermodal yards in its system in Santa Teresa
More about this property
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