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    Northrise Dr Las Cruces, NM 88011

    For Sale
    Contact for pricing

    0.78-acre commercial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.78-acre commercial land parcel presents a unique investment opportunity. Situated in Las Cruces, New Mexico, this property is a Walmart Supercenter outparcel, offering unparalleled visibility and accessibility. The site boasts a highly desirable location on a hard corner with a signalized intersection, ensuring significant traffic exposure. Completed in 2014, the adjacent Walmart Supercenter generates substantial foot traffic and provides a strong anchor tenant for the area. Zoned as Planned Unit Development (PUD), this versatile parcel allows for a wide range of commercial development possibilities. Its proximity to Highway 70 further enhances its strategic value, providing convenient access for customers and employees. The property's size and location make it ideal for a variety of commercial uses, promising strong returns on investment. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving New Mexico market. The property is located in Doña Ana County, New Mexico, with a zip code of 88011, and the address is E Northrise Dr, Las Cruces, NM.

    Property Features for 0 Northrise Dr

    General Information

    Property type
    Land
    Lot Size
    33,977 SF

    HighLights

    • Walmart Supercenter Outparcel opportunity.
    • High‑visibility location at a signalized intersection.
    • Excellent access to Highway 70.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Cruces
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.74909324363
    Latitude
    32.360993301624

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    FAQs

    What type of property is this?
    Land - 0.78-acre commercial land, prime location.
    Where is this land located?
    The property is located at Northrise Dr Las Cruces, NM.
    What are key features of this property?
    This property features: Walmart Supercenter Outparcel opportunity.; High-visibility location at a signalized intersection.; Excellent access to Highway 70.
    Request Owner's contact information
    Northrise Dr 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
    Northrise Dr Las Cruces, NM 88011
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