Commercial Land Near Walmart

3995 Pegasus Rd, Las Cruces, NM

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For Sale

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Ideal location for various commercial concepts near Sonoma Ranch.

Type:LAND

Lot size:

2.98 Acres

HighLights

Anchored by a Smart Walmart, providing built‑in customer traffic.
Located at a significant intersection (Rinconada & Sonoma Ranch Blvd) offering high visibility.
Central location within the affluent Sonoma Ranch and Morningstar housing district.
High average household income ($96,000) and a large percentage of households with incomes between $100k-$150k.
High percentage of college‑educated residents (51% with a bachelor's degree or higher).
Strong homeownership rate (70%) indicating stability and investment in the area.

We can help!

Listing Contact

Kary Bulsterbaum

For Sale

Contact for pricing

Ideal location for various commercial concepts near Sonoma Ranch.

Type:LAND

Lot size:

2.98 Acres

Added:: Feb 28, 2025
Days on Market:: 468
Last Refresh:: May 20 at 8:18 pm

Property Features for 3995 Pegasus Rd

General Information

Standard status: Active
Lot size: 2.98 Acres
Property subtype: LAND

We can help!

Listing Contact

Kary Bulsterbaum

Listing agent Kary Bulsterbaum License #43302

Listing office Steinborn/TCN Commercial Real Estate

Listing date Feb 28, 2025

Source Moodyscre

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

HighLights

Anchored by a Smart Walmart, providing built‑in customer traffic.
Located at a significant intersection (Rinconada & Sonoma Ranch Blvd) offering high visibility.
Central location within the affluent Sonoma Ranch and Morningstar housing district.
High average household income ($96,000) and a large percentage of households with incomes between $100k-$150k.
High percentage of college‑educated residents (51% with a bachelor's degree or higher).
Strong homeownership rate (70%) indicating stability and investment in the area.

Overview

This property is located at the intersection of Rinconada and Sonoma Ranch Blvd, near the Rinconada Walmart. It is centrally located within the Sonoma Ranch and Morningstar Housing district, providing access to a demographic base. The lot is suitable for retail opportunities, neighborhood office space, storage facilities, and housing. Within a 5-minute radius, the area has a population with 51% holding a bachelor's degree or higher and a median household income exceeding $70,000. The location provides access to over 2300 employees and a daytime population of 8000. Approximately 21% of households have incomes between $100,000 and $150,000, with an average household income of $96,000. Homeownership is at 70%, with a population consisting mostly of couples with limited household sizes. The population is slightly older and approaching retirement, with 83% employed in white-collar jobs.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Las Cruces
County: Dona Ana
State: New Mexico
Longitude: -106.753
Latitude: 32.3002

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What type of property is this?

Commercial land - Ideal location for various commercial concepts near Sonoma Ranch.

Where is this commercial land located?

The property is located at 3995 Pegasus Rd Las Cruces, NM.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Anchored by a Smart Walmart, providing built‑in customer traffic.; Located at a significant intersection (Rinconada & Sonoma Ranch Blvd) offering **high visibility**.; Central location within the affluent Sonoma Ranch and Morningstar housing district.

3995 Pegasus Rd, Las Cruces, NM

Ideal location for various commercial concepts near Sonoma Ranch.

Property Features for 3995 Pegasus Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

High-Traffic Gas Station & C-Store

Unbranded Gas Station and C-Store

Las Cruces Commercial Opportunity

Lush Las Cruces Commercial Estate

Luxury Brand-New Fourplex

Las Cruces Four-Plex Investment

Commercial Land in Las Cruces

Spacious Corner Lot in Las Cruces

Las Cruces Multifamily Investment Property

Commercial Lot on Valley Drive

Commercial Land on Highway 70

Las Cruces Commercial Opportunity

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