Hard-Corner Development
For Lease
$25 SF/Yr
655 E University Ave, Las Cruces, NM 88005
Commercial land near NMSU, positioned just off a hard corner across from the Las Cruces Convention Center.
Space SizeContact for details
Days on Market2116
Property Features for 655 E University Ave
General Information
Standard status
Active
Property subtype
Retail
Zoning
UD-UAZ
Additional Details
Highway Access
Yes
Amenities
Water
Sewer
Spaces For Lease
at 655 E University Ave Contact usAvailable Space $25/Mo
Contact us
Listing Agency:
STEINBORN / TCN Commercial Real Estate
Listed By:
Kary Bulsterbaum · License #43302
(575) 639-1208
Source:
Carnm.resimplifi
Added: Nov 28, 2020
Changed: Sep 11
Last Checked: Sep 11 at 5:29AM
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 STEINBORN / TCN Commercial Real Estate
Investment Insights
Based on property information with market context.
This commercial land offering presents a development opportunity with access to a high-traffic area and flexibility for multiple concepts. The property is located just off a hard corner across from the newly built Las Cruces Convention Center and Marriott Courtyard Hotel, and land division is also being considered.
The site is in close proximity to the front door step of New Mexico State University and is quickly accessible off of Interstate 10 and the University Interchange. The surrounding district includes a mix of retail, financial services, and state offices, supporting a wide range of potential uses.
Prospective developers may also find the location well suited to office expansion given the nearby university employment base and surrounding retail demand. The property at 655 E University Ave, Las Cruces, NM 88005 is positioned within an area described as part of New Mexico State University’s master development plan.
The site is in close proximity to the front door step of New Mexico State University and is quickly accessible off of Interstate 10 and the University Interchange. The surrounding district includes a mix of retail, financial services, and state offices, supporting a wide range of potential uses.
Prospective developers may also find the location well suited to office expansion given the nearby university employment base and surrounding retail demand. The property at 655 E University Ave, Las Cruces, NM 88005 is positioned within an area described as part of New Mexico State University’s master development plan.
Key Highlights
- Commercial land located just off a hard corner across from the Las Cruces Convention Center
- Site is positioned across from the Marriott Courtyard Hotel
- Close proximity to the front door step of New Mexico State University
Property Analytics
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Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
Explore this area
Business Placement
Demographics for 88005, NM
26,997
Population
12,039
Households
2.2
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
150.9 sq mi
ZIP Area
179
Density / Sq Mi
$51,770
Median Household Income
$28,908
Median Earnings
$899
Median Rent
$207,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land near NMSU, positioned just off a hard corner across from the Las Cruces Convention Center.
Where is this commercial land located?
The property is located at 655 E University Ave Las Cruces, NM.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Commercial land located just off a hard corner across from the Las Cruces Convention Center; Site is positioned across from the Marriott Courtyard Hotel; Close proximity to the front door step of New Mexico State University
