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    Sonoma Ranch Blvd Las Cruces, NM 88011

    For Sale
    Contact for pricing

    Las Cruces, NM commercial land investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial land opportunity is situated along Sonoma Ranch Boulevard, a major thoroughfare on the east side of Las Cruces, New Mexico. The property boasts excellent visibility and accessibility from this high-traffic road, placing it within a prime location for commercial development. The land, ranging from one to three acres, offers significant potential for new construction. This area of Las Cruces is experiencing robust growth, and the property benefits from its proximity to a thriving commercial area with very low vacancy rates. The location near a Wal-Mart Supercenter anchored development further enhances its desirability and potential for attracting tenants. The property's flexible parcel configuration allows for the purchase of the entire acreage or individual parcels, providing flexibility to suit various development needs. The land is zoned for commercial use and presents a unique chance to capitalize on the strong economic activity and limited available space in this rapidly expanding section of Las Cruces. The $11 per square foot land value represents a compelling investment opportunity in a high-demand market. The address is on Sonoma Ranch Blvd, Las Cruces, NM, zip code 88011, in Doña Ana County.

    Property Features for 0 Sonoma Ranch Blvd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Excellent visibility and access from high‑traffic Sonoma Ranch Blvd.
    • Ideal for new construction.
    • Low vacancy rates in the immediate area.
    • Flexible parcel sizes available; purchase individually or as a whole.
    • Located near a Wal‑Mart Supercenter anchored development.
    • Zoned for commercial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Cruces
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.7262997
    Latitude
    32.3302074

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    FAQs

    What type of property is this?
    Land - Las Cruces, NM commercial land investment.
    Where is this land located?
    The property is located at Sonoma Ranch Blvd Las Cruces, NM.
    What are key features of this property?
    This property features: Excellent visibility and access from high-traffic Sonoma Ranch Blvd.; Ideal for new construction.; Low vacancy rates in the immediate area.
    (575) 521-1535
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    Sonoma Ranch Blvd 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
    Sonoma Ranch Blvd Las Cruces, NM 88011
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