12349 Hwy, Las Cruces, NM 88007
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.