Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    401 Valley Dr Las Cruces, NM 88005

    Sponsored
    For Sale
    $696,088

    Prime 1.888-acre corner lot, M-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.888-acre commercial and industrial land parcel presents a unique investment opportunity in Las Cruces, New Mexico. Located at 401 S Valley Dr, 88005, this property boasts a highly desirable M-1 zoning designation, opening doors to a wide range of potential uses. Its strategic corner location offers unparalleled visibility from two major thoroughfares: West Amador Avenue (13,824 vehicles per day) and South Valley Drive (20,854 vehicles per day), ensuring significant exposure for any business. Convenient access is provided from both South Valley Drive and Amador Avenue, facilitating ease of entry and exit. The property's proximity to Interstate 10 (less than a fifth of a mile) further enhances its accessibility and logistical advantages. This exceptional location, combined with the generous lot size and favorable zoning, makes this property an ideal choice for developers, investors, and businesses seeking a high-traffic, high-visibility location in a thriving New Mexico market. The asking price is $696,088.80. Don't miss this chance to acquire a prime piece of Doña Ana County real estate.

    Property Features for 401 Valley Dr

    General Information

    Property type
    Land
    Lot Size
    82,241 SF

    HighLights

    • 1.888‑acre commercial/industrial land parcel in Las Cruces, NM.
    • M‑1 zoned, offering diverse development options.
    • High‑visibility corner lot at 401 S Valley Dr, 88005, with excellent access from major thoroughfares.
    • Proximity to I‑10 enhances accessibility.
    • Asking price: $696,088.80.
    Property Profile Location Intelligence

    Current Use by Public Records

    South Plains Implement Farm Equipment Supplier

    Suggested Use

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

    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
    -106.7920437
    Latitude
    32.3035976

    Nearby Similar for Sale

    • New
      $375,000
      Pending

      Southwestern Adobe Home with Casita

      Charming Southwestern adobe home and casita on 1.99 acres.
      11200 Windflyer Ln, Las Cruces, NM 88007
      View Details
    • New
      $234,000
      Pending

      Las Cruces Triplex Investment Opportunity

      Triplex near NMSU with development potential and income generation.
      1140 S Mesquite St, Las Cruces, NM 88001
      View Details
    • $330,000
      0.16 Acres

      Solar-Powered Duplex Near Downtown

      Duplex near downtown Las Cruces, great investment or multi-generational living.
      420 El Molino Blvd, Las Cruces, NM 88005
      View Details
    • $1,040,000
      5,170 SF

      Las Cruces Retail/Office Property

      Retail and office space available for purchase in Las Cruces.
      199 W Willoughby Ave, Las Cruces, NM 88001
      View Details
    • $425,000
      0.14 Acres

      High-Traffic Commercial Property, Las Cruces

      Prominent corner lot with high visibility and income potential.
      1590 E Lohman Ave, Las Cruces, NM 88001
      View Details
    • $450,000
      0.19 Acres

      Remodeled Duplex in Las Cruces

      Completely remodeled duplex, ideal for investors or owner-occupants.
      1212 Brownlee Ave, Las Cruces, NM 88005
      View Details
    • New
      $349,000
      0.18 Acres

      Historic Adobe Home, Mixed-Use Potential

      Charming adobe home in historic district with mixed-use zoning.
      606 N Mesquite St, Las Cruces, NM 88001
      View Details
    • $129,000
      0.16 Acres

      Las Cruces Land Opportunity

      0.16-acre lot with mobile home in Las Cruces, NM.
      250 Broadview Ct, Las Cruces, NM 88005
      View Details
    • $230,000
      0.17 Acres

      Las Cruces Triplex Investment

      Triplex with three 1-bedroom units and detached garage.
      1145 N Main St, Las Cruces, NM 88005
      View Details
    • $189,900
      1.22 Acres

      Mesilla Park Land Opportunity

      1.22 acre property with two mobile homes in Mesilla Park.
      1367 Missionary Rdg Rd, Mesilla Park, NM 88047
      View Details
    • $179,000
      0.21 Acres

      Las Cruces Retail/Office Space

      Retail or office space with flexible layout in Las Cruces.
      1980 E Lohman Ave, Las Cruces, NM 88001
      View Details
    • $1,150,000
      3.18 Acres

      Las Cruces Industrial Opportunity

      Industrial property with two buildings and ample storage space.
      375 N Compress Rd, Las Cruces, NM 88005
      View Details

    FAQs

    What type of property is this?
    Land - Prime 1.888-acre corner lot, M-1 zoning.
    Where is this land located?
    The property is located at 401 Valley Dr Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $696,088.
    What are key features of this property?
    This property features: 1.888-acre commercial/industrial land parcel in Las Cruces, NM.; M-1 zoned, offering diverse development options.; High-visibility corner lot at 401 S Valley Dr, 88005, with excellent access from major thoroughfares.
    Request Owner's contact information
    401 Valley Dr Las Cruces, NM 88005
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 Valley Dr
    Las Cruces, NM 88005
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    401 Valley Dr Las Cruces, NM 88005
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.