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    Boomerang Teresa Paseo Toltec Santa Teresa, NM 88008

    For Sale
    Contact for pricing

    15 Parcels, Prime NM Location, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1,394-acre land offering in Santa Teresa, New Mexico presents a unique investment opportunity. Comprising fifteen separate parcels, ranging in size from 27 acres to 496 acres, this expansive property is ideally situated within Doña Ana County, zip code 88008, near the intersection of Boomerang, Teresa Paseo, and Toltec. While technically part of the Las Cruces Metropolitan Statistical Area, its proximity to El Paso, Texas, offers significant advantages. The location provides convenient access to a variety of amenities, including shopping malls, restaurants, and grocery stores, enhancing its appeal for both residential and commercial development. Furthermore, its strategic position near the El Paso Country Club adds to its desirability. For those with military connections, the property's proximity to Fort Bliss (twenty miles) and William Beaumont Army Medical Center (twenty-one miles) is a significant benefit. This substantial land holding offers considerable potential for a variety of development projects, capitalizing on its prime location and convenient access to key infrastructure and amenities. The individual parcels provide flexibility for diverse development plans, catering to a range of needs and investment strategies. Detailed parcel maps and further information are available upon request.

    Property Features for 0 Boomerang Teresa Paseo Toltec

    General Information

    Property type
    Land
    Lot Size
    60,722,640 SF

    HighLights

    • 1,394‑acre land offering in Santa Teresa, NM (zip code 88008), comprised of fifteen parcels ranging from 27 to 496 acres.
    • Located in Doña Ana County, near the intersection of Boomerang, Teresa Paseo, and Toltec.
    • Convenient access to Las Cruces amenities and proximity to El Paso, TX.
    • Strategic location near El Paso Country Club, Fort Bliss (20 miles), and William Beaumont Army Medical Center (21 miles).
    • Suitable for various development projects due to its size, location, and access to infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Santa Teresa
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.6432366
    Latitude
    31.8468414

    Nearby Comparable

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      Prime Santa Teresa Land - 33.72 Acres

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      Prime Commercial Corner Lot

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    FAQs

    What type of property is this?
    Land - 15 Parcels, Prime NM Location, Development Ready
    Where is this land located?
    The property is located at Boomerang Teresa Paseo Toltec Santa Teresa, NM.
    What are key features of this property?
    This property features: 1,394-acre land offering in Santa Teresa, NM (zip code 88008), comprised of fifteen parcels ranging from 27 to 496 acres.; Located in Doña Ana County, near the intersection of Boomerang, Teresa Paseo, and Toltec.; Convenient access to Las Cruces amenities and proximity to El Paso, TX.
    Request Owner's contact information
    Boomerang Teresa Paseo Toltec Santa Teresa, NM 88008
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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
    Boomerang Teresa Paseo Toltec Santa Teresa, NM 88008
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