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Roadrunner Parkway Multifamily Development Site
For Sale
Contact for pricing
Pending

Roadrunner Pkwy, Las Cruces, NM 88012

Development site suitable for assisted living or apartments.

Property SizeContact for details
Days on Market2263

Property Features for Roadrunner Pkwy

General Information

Standard status Pending
Property subtype Multifamily
Investment Type Owner/User
Listing Agency: NAI 1st Valley
Listed By: Randy McMillan · License #NM 6572
Source: Crexi
Added: Jun 22, 2020 Changed: Aug 8 Last Checked: Jul 24 at 12:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI 1st Valley

Investment Insights

Based on property information with market context.

The property is located along Roadrunner Parkway, offering direct frontage and access. The surrounding area includes assisted living facilities, day cares, apartment complexes, and government agencies. The property is best suited for development as an assisted living facility or an apartment complex.

Key Highlights

  • Direct frontage and access off Roadrunner Parkway.
  • Suitable for assisted living facility or apartment complex.
  • Neighbors include assisted living facilities.

Property Analytics

Current Use

Assisted living facilities

Location Intelligence

Trade Area within ½ mile

909
Businesses Nearby

Demographics for 88012, NM

32,550
Population
12,704
Households
2.6
Avg Household Size
34
Median Age
35%
College-Educated
86%
High-School Grad
348.8 sq mi
ZIP Area
93
Density / Sq Mi
$66,988
Median Household Income
$40,670
Median Earnings
$1,210
Median Rent
$222,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Development site suitable for assisted living or apartments.
Where is this apartment building located?
The property is located at Roadrunner Pkwy Las Cruces, NM.
What is the asking price?
The asking price for this property is $1,045,000.
What are key features of this property?
This property features: Direct frontage and access off Roadrunner Parkway.; Suitable for assisted living facility or apartment complex.; Neighbors include assisted living facilities.
(575) 521-1535 Call to check price and availability
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