Commercial Land with Ground Lease
For Lease
Contact for pricing
3470 E Northrise Dr, Las Cruces, NM 88011
C-3 zoned commercial land with visibility from Northrise Drive and build-to-suit or ground lease options adjacent to Walmart.
Lot Size1.00 Acre
Days on Market497
Property Features for 3470 E Northrise Dr
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
LAND
Lease Type
SF/yr
Listing Agency:
NAI 1st Valley Realty
(575) 635-5895
Listed By:
Jake Redfearn · License #46738
(575) 635-5895
Source:
Moodyscre
Added: Mar 21, 2025
Changed: Jul 29
Last Checked: Jul 30 at 2:13PM
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 NAI 1st Valley Realty
Investment Insights
Based on property information with market context.
Commercial land opportunity with ground lease or build-to-suit options available. The site is zoned C-3 and positioned adjacent to the Walmart located on Rinconada Blvd.
Visibility is supported from Northrise Drive, with traffic counts including Hwy 70 at 26,951 VPD, Rinconada at 6,361 VPD, and Northrise at 11,972 VPD, providing strong exposure for compatible commercial development.
This offering is suited for tenants or developers looking for a site that can be structured as a ground lease or delivered through a build-to-suit approach, anchored by the nearby Walmart presence and day-to-day access off Northrise Drive.
Visibility is supported from Northrise Drive, with traffic counts including Hwy 70 at 26,951 VPD, Rinconada at 6,361 VPD, and Northrise at 11,972 VPD, providing strong exposure for compatible commercial development.
This offering is suited for tenants or developers looking for a site that can be structured as a ground lease or delivered through a build-to-suit approach, anchored by the nearby Walmart presence and day-to-day access off Northrise Drive.
Key Highlights
- C‑3 zoned commercial land with ground lease or build‑to‑suit options
- Adjacent to Walmart on Rinconada Blvd
- Excellent visibility from Northrise Drive
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 88011, NM
32,885
Population
15,160
Households
2.2
Avg Household Size
43
Median Age
55%
College-Educated
95%
High-School Grad
251.7 sq mi
ZIP Area
131
Density / Sq Mi
$75,139
Median Household Income
$43,093
Median Earnings
$1,053
Median Rent
$315,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C-3 zoned commercial land with visibility from Northrise Drive and build-to-suit or ground lease options adjacent to Walmart.
Where is this commercial land located?
The property is located at 3470 E Northrise Dr 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: C‑3 zoned commercial land with ground lease or build‑to‑suit options; Adjacent to Walmart on Rinconada Blvd; Excellent visibility from Northrise Drive
