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12349 Hwy Las Cruces, NM 88007

OFF-MARKET Land Google Maps
5.38 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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