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    OFF-MARKET
    Land

    12349 Hwy, Las Cruces, NM 88007

    5.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.38-acre commercial land parcel, located at 12349 Highway 185 in Las Cruces, New Mexico, presents a unique investment opportunity. Situated in Doña Ana County, zip code 88007, this property boasts breathtaking views and convenient access to Interstate 25. The expansive lot offers ample space for a variety of commercial developments, taking advantage of its proximity to both Leasburg Dam and Fort Selden. The asking price is $169,000, and owner financing may be available, making this an attractive option for buyers seeking flexibility. While this listing specifically refers to Lot 2, the possibility of purchasing an adjacent lot is also available for those seeking a larger footprint. The property's location near the Rio Grande adds to its desirability and potential for development. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location with potential for significant return on investment. The coordinates are 32.5041607 latitude and -106.9551936 longitude. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 5.38 ac (234,353 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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