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    0 Engler Rd & Thurmond Rd Las Cruces, NM 88001

    OFF-MARKET Land Google Maps
    30 ac lot
    Estimated value
    No estimation on file for this property yet.
    Property ID

    Property summary

    AI-generated overview

    This exceptional 30-acre property in Las Cruces, New Mexico, presents a unique investment opportunity. Located at the intersection of Engler Road and Thurmond Road, zip code 88001, this expansive land parcel offers a blend of commercial and residential zoning. The property boasts a total area of 30 acres, strategically divided into distinct zones to maximize its potential. Specifically, 3.78 acres are designated as C-1 commercial land, while a substantial 25.55 acres are zoned R-1 for residential development. An additional 0.69 acres are allocated for ponding. Its advantageous location near Highway 70 and the Red Hawk Golf Course provides excellent visibility and accessibility. The property's dual zoning allows for diverse development options, catering to a wide range of commercial and residential projects. This presents a rare chance to acquire a large parcel of land in a desirable location with significant growth potential. The asking price for this remarkable property is $750,000. Detailed zoning information and development plans are available upon request.

    Property profile

    Verified
    Property type Land
    Lot 30 ac (1,306,800 SF)

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

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