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    3497 E Northrise Dr Las Cruces, NM 88011

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    For Lease
    Contact for pricing

    Prime commercial land for development in a high-traffic retail area.

    Lot size:
    2.85 Acres

    Property Features for 3497 E Northrise Dr

    General Information

    Lot size
    2.85 Acres

    Source: NAI 1st Valley Realty Agent Jake Redfearn

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

    Overview

    7.5 Acre Retail Development Land

    This 7.5 ± acre parcel is part of a Wal-Mart anchored development located along Highway 70 in Las Cruces, NM. The property presents an opportunity to acquire a larger tract for development in this trade area. It is located in the fastest growing retail and residential trade area in Las Cruces. The property is in close proximity to major retailers such as Wal-Mart Super Center, Walgreen’s, Verizon, Mister Car Wash, Dutch Bros, Taco Bell, Panda Express and more. It features excellent visibility from Highway 70 with access points planned along Rinconada and Northrise.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

    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
    -106.749612
    Latitude
    32.3623131

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    FAQs

    What type of property is this?
    Land - Prime commercial land for development in a high-traffic retail area.
    Where is this land located?
    The property is located at 3497 E Northrise Dr Las Cruces, NM.
    What are key features of this property?
    This property features: - Located in the fastest growing retail and residential trade area in Las Cruces.; - Part of a Wal-Mart anchored development along Highway 70.; - Presents a rare opportunity to acquire a large development tract in this trade area.
    (575) 635-5895
    Request Owner's contact information
    3497 E 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
    3497 E Northrise Dr Las Cruces, NM 88011
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