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    Calle De Alegra And Main St Las Cruces, NM 88005

    Sponsored
    For Sale
    Contact for pricing

    Two prime lots, I-10 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering presents two vacant commercial lots ideally situated in Doña Ana County, New Mexico, at the intersection of Calle de Alegra and Main Street, zip code 88005. The property boasts convenient access to Interstate 10, providing excellent visibility and accessibility. Lot 1A encompasses approximately 5 acres, while Lot 1B comprises approximately 1.74 acres. Both lots are zoned C-3, opening up a wide range of commercial development possibilities. The location offers significant advantages, with close proximity to New Mexico State University and Las Cruces High School, ensuring a substantial and diverse potential customer base. Lot 1A is priced at $6.75 per square foot, while Lot 1B is priced at $6.50 per square foot. This presents a unique opportunity to acquire prime commercial land in a rapidly growing area with high visibility and convenient access to major transportation routes. The combined acreage of 6.74 acres provides ample space for a variety of commercial ventures, making this an attractive investment for developers and businesses alike. Don't miss this chance to secure a strategic location in a thriving New Mexico market.

    Property Features for 0 Calle De Alegra And Main St

    General Information

    Property type
    Land
    Lot Size
    75,794 SF

    HighLights

    • Two buildable lots available: Lot 1A at $6.75/SF, Lot 1B at $6.50/SF.
    • High visibility from major thoroughfares.
    • Convenient I‑10 access.
    • C‑3 Commercial zoning.
    • Near New Mexico State University and Las Cruces High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Cruces
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.7746495
    Latitude
    32.2880224

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    FAQs

    What type of property is this?
    Land - Two prime lots, I-10 access.
    Where is this land located?
    The property is located at Calle De Alegra And Main St Las Cruces, NM.
    What are key features of this property?
    This property features: Two buildable lots available: Lot 1A at $6.75/SF, Lot 1B at $6.50/SF.; High visibility from major thoroughfares.; Convenient I-10 access.
    (575) 521-1535
    Request Owner's contact information
    Calle De Alegra And Main St Las Cruces, NM 88005
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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
    Calle De Alegra And Main St Las Cruces, NM 88005
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