Listing Agency: Steinborn Commercial Real Estate Show Phone

Listed By: Bill Shattuck · License #NM 18460 DR

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: May 7 at 4:17AM

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Investment Insights

Based on property information with market context.

This 20-acre development site is zoned for residential use and offers access to all major utilities, including water, sewer, electric, and natural gas. The land is positioned to support residential development, with suitability noted for multi-family, mobile home park, or single-family uses.

The property fronts Hwy 54 and Hwy 70, providing high visibility and daily traffic exposure. It is located near Family Dollar and Dollar General.

As the site is fully served by utilities and laid out as a residential-zoned parcel with highway frontage, it may be appropriate for developers looking for a multi-unit or single-family residential plan in La Luz, New Mexico.

Key Highlights

• 20‑acre residential‑zoned development site
• Frontage on Hwy 54 and Hwy 70
• Daily traffic count of 15,000

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop Grocery & Convenience Store Storage Facility Food Market Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,000 VPD

Traffic count

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

27

Businesses Nearby

Explore this area Business Placement

Demographics for 88310, NM

35,935

Population

18,112

Households

2

Avg Household Size

40

Median Age

25%

College-Educated

92%

High-School Grad

618.9 sq mi

ZIP Area

58

Density / Sq Mi

$53,833

Median Household Income

$35,616

Median Earnings

$877

Median Rent

$164,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 20-acre residential-zoned site with utility availability and frontage on Hwy 54 and Hwy 70.

Where is this residential land & home lot located?

The property is located at 213 Alamo St. La Luz, NM.

What are key features of this property?

This property features: 20‑acre residential‑zoned development site; Frontage on Hwy 54 and Hwy 70; Daily traffic count of 15,000