4153 Dripping Springs Rd Las Cruces, NM 88011
This exceptional 20.87-acre parcel of land presents a compelling investment opportunity in Doña Ana County, New Mexico. Located at 4153 Dripping Springs Rd, Las Cruces, NM 88011 (32.2965558, -106.7175776), this property is zoned M1 (Industrial), offering significant potential for a variety of commercial and industrial uses. Its strategic location adjacent to the New Mexico Farm and Ranch Museum provides excellent visibility and accessibility. The asking price is $650,000, and attractive owner financing options are available, making this an even more attractive proposition for prospective buyers. The sale includes existing gravel and aggregate materials on the site. Given its size and zoning, this land is ideally suited for projects such as a solar farm or greenhouse development. This is a rare opportunity to acquire a substantial tract of industrial land in a rapidly growing area with excellent potential for future development and strong returns on investment. The property's convenient location and existing infrastructure make it a highly desirable site for businesses seeking to establish a presence in this thriving region of New Mexico. Don't miss this chance to secure a prime piece of industrial real estate in Las Cruces.
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.