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    8605 Bataan Mem Las Cruces, NM 88012

    Sponsored
    For Sale
    $450,000

    11.55 acres, D2-L zoning, Highway 70 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11.55-acre industrial land parcel presents a compelling investment opportunity in Las Cruces, New Mexico. Boasting 680 feet of frontage along Highway 70, this property offers unparalleled visibility and accessibility. The property's APN is 4-014-128-403-330, and it's located at 8605 Bataan Memorial West, Las Cruces, NM 88012. Currently zoned D2-L, this medium-density residential zoning allows for a variety of development options, including single-family homes, manufactured homes, and duplexes, along with related residential support uses. The expansive lot size provides ample space for a significant development project. Access is available from Bataan Memorial West. The 2024 property taxes are listed at $998. This prime location, combined with its versatile zoning and highway frontage, makes this property ideal for developers seeking a high-impact project or those interested in establishing a quarry. The property's strategic location and zoning regulations offer significant potential for future growth and return on investment. This is an exceptional opportunity to acquire a substantial land holding in a rapidly growing area.

    Property Features for 8605 Bataan Mem

    General Information

    Property type
    Land
    Lot Size
    503,118 SF

    HighLights

    • 11.55‑acre parcel with 680 feet of frontage.
    • D2‑L Medium Density Residential zoning.
    • $998 in 2024 property taxes.
    • Suitable for residential development or quarrying.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Cruces
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.65215216341
    Latitude
    32.407041196981

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    FAQs

    What type of property is this?
    Land - 11.55 acres, D2-L zoning, Highway 70 frontage.
    Where is this land located?
    The property is located at 8605 Bataan Mem Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 11.55-acre parcel with 680 feet of frontage.; D2-L Medium Density Residential zoning.; $998 in 2024 property taxes.
    Request Owner's contact information
    8605 Bataan Mem Las Cruces, NM 88012
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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
    8605 Bataan Mem Las Cruces, NM 88012
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