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    Airport Rd Santa Teresa, NM 88008

    For Sale
    Contact for pricing

    Mixed-use development opportunity near I-10.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 33.72-acre parcel presents a unique mixed-use development opportunity in Santa Teresa, New Mexico. Strategically located at the southwest corner of Airport Road and McNutt Road, this property enjoys high visibility and convenient access. Its prime location offers proximity to key amenities and infrastructure, including Santa Teresa High School, Stampede Meat Inc., and Sunland Park Fire Department-Station 2. The site's advantageous position provides easy access to the burgeoning Santa Teresa Industrial Park and the Union Pacific Intermodal Terminal facility, significantly enhancing its logistical appeal. Furthermore, its proximity to the Santa Teresa international border crossing and Interstate-10 via Pete Domenici Highway and McNutt Road, coupled with its short distance to the Dona Ana County International Jetport, ensures seamless connectivity. The property's location near several residential communities in both New Mexico and Texas makes it an ideal site for a commercial office or mixed-use development catering to a diverse population. This exceptional land parcel offers significant potential for investors seeking a high-impact development project in a rapidly growing area. The property is zoned for mixed-use development in Doña Ana County, New Mexico, zip code 88008.

    Property Features for 0 Airport Rd

    General Information

    Property type
    Land
    Lot Size
    1,468,843 SF

    HighLights

    • 33.72‑acre mixed‑use development site in Santa Teresa, NM.
    • High‑visibility corner lot at Airport Rd & McNutt Rd.
    • Excellent access to key amenities, Santa Teresa Industrial Park, and Union Pacific Intermodal Terminal.
    • Proximity to I‑10, the Santa Teresa border crossing, and Dona Ana County International Jetport.
    • Mixed‑use zoning in Doña Ana County, NM (zip code 88008).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Santa Teresa
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.64560346302
    Latitude
    31.86324981914

    Nearby Comparable

    • Contact for pricing

      Land For Sale Santa Teresa

      Land available for sale at 5701 McNutt Rd, Santa Teresa, NM.
      5701 Mcnutt Rd, Santa Teresa, NM 88063
      View Details
    • Contact for pricing
      1,394.00 Acres

      Santa Teresa Land: 1,394 Acres

      15 Parcels, Prime NM Location, Development Ready
      0 Boomerang Teresa Paseo Toltec, Santa Teresa, NM 88008
      View Details
    • Contact for pricing
      91.44 Acres

      Prime Santa Teresa Commercial Land

      91 Acres Mixed-Use Development Opportunity
      0 Pete V Domenici Hwy, International Boulevard, NM 88008
      View Details

    FAQs

    What type of property is this?
    Land - Mixed-use development opportunity near I-10.
    Where is this land located?
    The property is located at Airport Rd Santa Teresa, NM.
    What are key features of this property?
    This property features: 33.72-acre mixed-use development site in Santa Teresa, NM.; High-visibility corner lot at Airport Rd & McNutt Rd.; Excellent access to key amenities, Santa Teresa Industrial Park, and Union Pacific Intermodal Terminal.
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    Airport Rd Santa Teresa, 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
    Airport Rd Santa Teresa, NM 88008
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