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    2807 Corte Dios Las Cruces, NM 88011

    For Sale
    $656,645

    Prime 5-acre commercial lot, ideal development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.12-acre commercial land parcel presents a unique investment opportunity in Las Cruces, New Mexico. Located at 2807 Corte Dios, this property boasts convenient access to major highways, shopping centers, schools, and recreational amenities, making it an attractive location for various commercial ventures. The lot is zoned A2, offering flexibility for a range of development possibilities. The property's size and location within a growing area of Las Cruces contribute to its significant potential. The parcel's APN is 4-009-132-220-187, and it is currently owned by Leah C Salas. This is a rare opportunity to acquire a substantial land holding in a desirable area of Doña Ana County. The asking price for this exceptional property is $656,645. Note that the owner has two adjacent parcels available for sale separately. This property is situated in a rapidly developing area of Las Cruces, offering investors a chance to capitalize on the region's growth. The property's strategic location and zoning regulations make it a compelling investment prospect for those seeking to establish a commercial presence in a thriving New Mexico market. The zip code for this property is 88011.

    Property Features for 2807 Corte Dios

    General Information

    Property type
    Land
    Lot Size
    223,027 SF

    HighLights

    • Two adjacent parcels available for individual purchase.
    • High‑traffic location with excellent visibility.
    • Zoned for mixed‑use development, offering flexibility for various business types.
    • Property boasts significant square footage, ideal for large‑scale projects.
    • Strategic location near major transportation arteries, ensuring easy access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Cruces
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.7432533
    Latitude
    32.352484

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    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot, ideal development.
    Where is this land located?
    The property is located at 2807 Corte Dios Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $656,645.
    What are key features of this property?
    This property features: Two adjacent parcels available for individual purchase.; High-traffic location with excellent visibility.; Zoned for mixed-use development, offering flexibility for various business types.
    Request Owner's contact information
    2807 Corte Dios Las Cruces, NM 88011
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    Las Cruces, NM 88011
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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
    2807 Corte Dios Las Cruces, NM 88011
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