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    Pete V Domenici Hwy International Boulevard, NM 88008

    For Sale
    Contact for pricing

    91 Acres Mixed-Use Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 91.44-acre parcel presents a unique investment opportunity in Santa Teresa, New Mexico. Strategically located on Pete V Domenici Highway (Loop 375) at the intersection of McNutt Road, this mixed-use land boasts high visibility and accessibility due to increasing vehicular traffic and proximity to new residential developments. The site's ideal location is supported by the presence of over 3,000 existing homes and residential lots nearby, along with a planned 934-unit residential project. Its proximity to key infrastructure is another significant advantage, including the Dona Ana County International Jetport and the United Pacific Intermodal Terminal, both within minutes of the property. Furthermore, the property enjoys convenient access to the Santa Teresa International border crossing (7 miles) and Interstate 10 (4 miles), offering a wide array of retail, food, and service options. This makes it exceptionally well-suited for industrial, commercial, professional, or multi-family developments, capitalizing on the area's robust growth and strategic location in Doña Ana County, with a Santa Teresa zip code of 88008. The property's size and location offer significant potential for a variety of development projects.

    Property Features for 0 Pete V Domenici Hwy

    General Information

    Property type
    Land
    Lot Size
    3,983,126 SF

    HighLights

    • 91.44‑acre mixed‑use land parcel in Santa Teresa, NM.
    • High‑visibility location on Loop 375 (Pete V Domenici Highway) at McNutt Road intersection.
    • Excellent access and high traffic counts, supported by nearby residential growth (3,000+ homes and a planned 934‑unit project).
    • Proximity to Dona Ana County International Jetport, United Pacific Intermodal Terminal, I‑10, and the Santa Teresa International border crossing.
    • Suitable for industrial, commercial, multi‑family, or professional development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    International Boulevard
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.66604170512
    Latitude
    31.876048231652

    Nearby Comparable

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      Land For Sale Santa Teresa

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    FAQs

    What type of property is this?
    Land - 91 Acres Mixed-Use Development Opportunity
    Where is this land located?
    The property is located at Pete V Domenici Hwy International Boulevard, NM.
    What are key features of this property?
    This property features: 91.44-acre mixed-use land parcel in Santa Teresa, NM.; High-visibility location on Loop 375 (Pete V Domenici Highway) at McNutt Road intersection.; Excellent access and high traffic counts, supported by nearby residential growth (3,000+ homes and a planned 934-unit project).
    Request Owner's contact information
    Pete V Domenici Hwy International Boulevard, NM 88008
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    International Boulevard, 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
    Pete V Domenici Hwy International Boulevard, NM 88008
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