0 Sonoma Ranch Blvd Las Cruces, NM 88011
This exceptional commercial land opportunity is situated along Sonoma Ranch Boulevard, a major thoroughfare on the east side of Las Cruces, New Mexico. The property boasts excellent visibility and accessibility from this high-traffic road, placing it within a prime location for commercial development. The land, ranging from one to three acres, offers significant potential for new construction. This area of Las Cruces is experiencing robust growth, and the property benefits from its proximity to a thriving commercial area with very low vacancy rates. The location near a Wal-Mart Supercenter anchored development further enhances its desirability and potential for attracting tenants. The property's flexible parcel configuration allows for the purchase of the entire acreage or individual parcels, providing flexibility to suit various development needs. The land is zoned for commercial use and presents a unique chance to capitalize on the strong economic activity and limited available space in this rapidly expanding section of Las Cruces. The $11 per square foot land value represents a compelling investment opportunity in a high-demand market. The address is on Sonoma Ranch Blvd, Las Cruces, NM, zip code 88011, in Doña Ana County.
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
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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.