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    Northrise Dr Las Cruces, NM 88012

    For Sale
    Contact for pricing

    Prime retail land, high traffic, C3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.01-acre commercial land parcel presents a remarkable opportunity for developers and investors. Strategically located in Las Cruces, New Mexico, this property boasts a highly desirable C3 zoning designation, ideal for a wide range of commercial and retail uses. Its prime location offers unparalleled visibility and accessibility, situated just off Highway 70 and Sonoma Ranch Boulevard, a rapidly growing retail submarket. The property benefits from exceptional traffic counts: Highway 70 sees 48,760 vehicles per day, Sonoma Ranch Boulevard 12,480, and Northrise Drive 5,600. This high traffic volume ensures significant exposure for any business established here. The surrounding area is vibrant and thriving, with established businesses including The Game, Jack in the Box, Burger King, Big O Tires, and Fitness One, among others. Proximity to Dona Ana Branch Community College, Walmart, Walgreens, Taco Bell, GNC, Sally Beauty, Wendy's, Starbucks, Carl's Jr., and Denny's further enhances the property's appeal and potential. This is a rare opportunity to acquire a well-positioned commercial lot in a dynamic and expanding market. The address is on Northrise Drive, Las Cruces, NM 88012, in Doña Ana County.

    Property Features for 0 Northrise Dr

    General Information

    Property type
    Land
    Lot Size
    87,556 SF

    HighLights

    • 2.01+/- acres of commercial land for sale in Las Cruces, NM.
    • C3 zoning allows for a variety of commercial uses.
    • Excellent location near Hwy 70, Sonoma Ranch Blvd, and numerous national retailers.
    • High traffic counts on surrounding roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Cruces
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.7388745
    Latitude
    32.369143

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    FAQs

    What type of property is this?
    Land - Prime retail land, high traffic, C3 zoning.
    Where is this land located?
    The property is located at Northrise Dr Las Cruces, NM.
    What are key features of this property?
    This property features: 2.01+/- acres of commercial land for sale in Las Cruces, NM.; C3 zoning allows for a variety of commercial uses.; Excellent location near Hwy 70, Sonoma Ranch Blvd, and numerous national retailers.
    (575) 521-1535
    Request Owner's contact information
    Northrise Dr 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
    Northrise Dr Las Cruces, NM 88012
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