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    3400 Picacho Ave Mesilla, NM 88005

    For Sale
    Contact for pricing

    Prime Commercial Land, ½ - 4 Acres Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial land offering presents a unique investment opportunity in the vibrant West Las Cruces area. Located at 3400 W Picacho Ave., Las Cruces, NM 88005, this property encompasses a flexible lot size ranging from one-half acre to four acres. The land is zoned C2/C2C, providing a wide array of potential commercial development options. The asking price is competitive, ranging from $3.50 to $4.00 per square foot, reflecting the land's prime location and development potential. The property's convenient access to major roadways and its proximity to established businesses make it an ideal site for a variety of commercial ventures. With its versatile zoning and attractive price point, this property represents a compelling investment opportunity for discerning buyers seeking to establish a presence in a thriving New Mexico market. The parcel includes APN numbers 4-004-135-376-152 and 4-004-135-365-129. This is a rare chance to acquire a significant land holding in a rapidly growing area of Las Cruces. Serious inquiries are encouraged.

    Property Features for 3400 Picacho Ave

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Exceptional commercial land investment opportunity in West Las Cruces, NM.
    • Located at 3400 W Picacho Ave., Las Cruces, NM 88005, with lot sizes from 0.5 to 4 acres.
    • C2/C2C zoning allows diverse commercial development.
    • Priced competitively at $3.50 to $4.00 per square foot.
    • Excellent access to major roadways and established businesses.
    • APN numbers 4‑004‑135‑376‑152 and 4‑004‑135‑365‑129.
    Property Profile Location Intelligence

    Current Use by Public Records

    Riverwalk RV & boat ... Storage Facility Throat Punch Performance ... Atv Repair Shop

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Mesilla
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.8414374
    Latitude
    32.2275136

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    Nearby Similar for Sale

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      Functional Office Space For Sale

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      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Land, ½ - 4 Acres Available
    Where is this land located?
    The property is located at 3400 Picacho Ave Mesilla, NM.
    What are key features of this property?
    This property features: Exceptional commercial land investment opportunity in West Las Cruces, NM.; Located at 3400 W Picacho Ave., Las Cruces, NM 88005, with lot sizes from 0.5 to 4 acres.; C2/C2C zoning allows diverse commercial development.
    (575) 202-0429
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    3400 Picacho Ave Mesilla, NM 88005
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    Mesilla, 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
    3400 Picacho Ave Mesilla, NM 88005
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