A74 County Rd Chaparral, NM 88081
This exceptional 20-acre commercial land parcel presents a unique investment opportunity in the thriving Chaparral, New Mexico area. Located conveniently off Highway 213, this property boasts a desirable T2 zoning designation, opening doors to a wide range of commercial development possibilities. The expansive lot size provides ample space for various projects, from large-scale industrial ventures to smaller commercial enterprises. With its strategic location and significant acreage, this property offers substantial potential for growth and return on investment. The property's address is County Road A-074, Chaparral, NM 88081, and its APN is 4-027-155-427-330. The land is currently owned by Clark Titone. This is a blank canvas for ambitious developers seeking a prime location in Doña Ana County to build their next successful venture. The property's size and zoning make it suitable for a variety of uses, subject to local regulations and permitting. Serious inquiries are encouraged to explore the full potential of this remarkable commercial land offering. The asking price for this significant property is $300,000. Don't miss this chance to acquire a substantial piece of commercial real estate in a rapidly growing area.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.