Property profile

I-10 & Vado Dr Hwy Vado, NM 88072

OFF-MARKET
Retail properties & Spaces
89.3 ac lot
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Property summary

AI-generated overview

This exceptional 89.3-acre land parcel presents a unique multi-use development opportunity in Vado, New Mexico. Strategically located at the intersection of Interstate-10 (with over 37,000 vehicles per day) and Highway 227, this property boasts unparalleled visibility and accessibility. The site comprises five parcels; two situated east of I-10 on Vado Drive/Highway 227 and three located west of the interstate on the same roadway. Its location offers majestic views of the Organ and Franklin Mountains. This prime real estate is situated just 19 miles southeast of Las Cruces, NM, and 33 miles northwest of El Paso, TX, placing it within the thriving "Borderplex" region. This bi-national metro area functions as a single economy, encompassing two nations and three states, and serves as the second most important border trade point and the 14th largest trade center in the U.S. The Borderplex is home to over 70 Fortune 500 companies and more than 1,100 manufacturing operations, creating a robust and diverse market for commercial, industrial, retail, hospitality, and employment development. The property's APN numbers are R1704126; R1704152; R1704154; R1902246; R1902248. The sale price is available upon request. This is a rare chance to acquire a significant land holding in a high-growth area with exceptional access to major transportation arteries.

Property profile

Verified
Property type Retail properties & Spaces
Lot 89.3 ac (3,889,908 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-10 & Vado Dr Hwy Vado, NM 88072
Vado metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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