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Property profile & analytics
OFF-MARKET
Land

0000 Las Alturas Dr Mesquite, NM 88072

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering in Vado, New Mexico presents a unique investment opportunity. Comprising four contiguous lots totaling five acres, this property is zoned C-3, allowing for a wide range of commercial development possibilities. The parcels are conveniently located near the newly constructed racetrack, providing excellent visibility and accessibility. Each lot is individually identified by its respective Assessor's Parcel Number (APN): 4-016-148-056-453, 4-016-148-047-432, 4-016-148-034-463, and 4-016-148-025-442. The seller is offering the entire five-acre parcel for $500,000. Alternatively, individual lots are available for purchase at $150,000 each. The property is situated at 0000 Las Alturas Drive, Vado, NM 88072, offering convenient access to Mesquite and other nearby communities. This prime location, coupled with the flexible zoning and proximity to the racetrack, makes this an ideal investment for developers seeking high-growth potential. The property's latitude and longitude coordinates are 32.141288, -106.6468584, respectively. Don't miss this chance to acquire a significant commercial land holding in a rapidly developing area.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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