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    755 Lonesome Rd Las Cruces, NM 88007

    Sponsored
    For Sale
    $89,000

    Build your dream home with city views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.2-acre property, located at 755 Lonesome Rd, Las Cruces, NM 88007, presents a unique opportunity to build your dream home. Boasting magnificent city views, this acreage is situated in the desirable Picacho Hills area, offering a tranquil setting while remaining conveniently close to urban amenities. The lot is located at the corner of Picacho Avenue and Lonesome Road, providing excellent visibility and accessibility. The property also benefits from Highway 70 frontage, ensuring easy commuting. Residents will appreciate the proximity to downtown Las Cruces, various shopping centers, and schools, making this location ideal for families and individuals alike. The convenient location near the I-10 intersection further enhances its accessibility. This is a rare find

    Property Features for 755 Lonesome Rd

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • 2.2‑acre lot in desirable Picacho Hills, Las Cruces, NM.
    • Magnificent city views.
    • Corner lot at Picacho Ave & Lonesome Rd, with Highway 70 frontage.
    • Convenient access to downtown Las Cruces, shopping, schools, and I‑10.
    • Ideal for building a dream home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Storage Facility Garden Center Bed & Breakfast Parking Facility

    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
    -106.8623366
    Latitude
    32.2930314

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    FAQs

    What type of property is this?
    Land - Build your dream home with city views.
    Where is this land located?
    The property is located at 755 Lonesome Rd Las Cruces, NM.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: 2.2-acre lot in desirable Picacho Hills, Las Cruces, NM.; Magnificent city views.; Corner lot at Picacho Ave & Lonesome Rd, with Highway 70 frontage.
    (575) 644-7254
    Request Owner's contact information
    755 Lonesome Rd Las Cruces, NM 88007
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    Las Cruces, NM 88007
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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
    755 Lonesome Rd Las Cruces, NM 88007
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