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    4010 Northrise Dr Las Cruces, NM 88011

    For Sale
    $756,202

    Prime C3 Zoned Lot, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This 1.24-acre commercial lot, located at 4010 Northrise Drive in Las Cruces, New Mexico, presents a remarkable development opportunity. Situated in Doña Ana County, zip code 88011, this property boasts a highly desirable C3 zoning designation, ideal for a variety of commercial uses, including single-user buildings or a strip center. Its strategic location in the busiest quadrant of Las Cruces, nestled between the established Rinconada and Sonoma Ranch areas, ensures high visibility and accessibility. The lot's proximity to a major Walmart Supercenter (less than half a mile away) further enhances its appeal to potential businesses and investors. The relatively flat terrain simplifies development, minimizing site preparation costs and expediting the construction process. The asking price for this exceptional property is $756,202. This is a rare opportunity to acquire a prime commercial lot in a thriving New Mexico market. Don't miss out on this chance to build your business in a high-traffic, well-established area. The property's coordinates are 32.365787 latitude and -106.742487 longitude.

    Property Features for 4010 Northrise Dr

    General Information

    Property type
    Land
    Lot Size
    54,014 SF

    HighLights

    • 1.24‑acre commercial lot in Las Cruces, NM (88011).
    • C3 zoning allows for various commercial uses, including single‑tenant buildings or strip centers.
    • High‑visibility location in a busy Las Cruces quadrant, near Rinconada and Sonoma Ranch.
    • Excellent proximity to a Walmart Supercenter.
    • Flat terrain simplifies development.
    • Priced at $756,202.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -106.742487
    Latitude
    32.365787

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    FAQs

    What type of property is this?
    Land - Prime C3 Zoned Lot, High Traffic Area
    Where is this land located?
    The property is located at 4010 Northrise Dr Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $756,202.
    What are key features of this property?
    This property features: 1.24-acre commercial lot in Las Cruces, NM (88011).; C3 zoning allows for various commercial uses, including single-tenant buildings or strip centers.; High-visibility location in a busy Las Cruces quadrant, near Rinconada and Sonoma Ranch.
    (575) 521-1535
    Request Owner's contact information
    4010 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
    4010 Northrise Dr Las Cruces, NM 88011
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