5906 El Llano Rd Las Cruces, NM 88012
This exceptional 3.29-acre parcel in Doña Ana County, New Mexico, presents a remarkable opportunity for developers and investors alike. Located at 5906 El Llano Rd, Las Cruces, NM 88012 (32.3991627, -106.7002896), this property boasts R2 multifamily zoning, making it perfectly suited for the construction of residential housing. The land offers stunning mountain views and is conveniently situated with easy access to I-25, providing quick commutes to downtown Las Cruces, hospitals, schools, and various retail establishments. All utilities are readily available on-site, simplifying the development process. Priced at $250,000, this represents a significant value proposition given the land's size, zoning, and prime location within a growing community. The property's strategic location and zoning regulations make it an ideal investment for those seeking to capitalize on the increasing demand for housing in the Las Cruces area. This is a rare opportunity to acquire a substantial tract of land with significant development potential. Don't miss out on this chance to secure a valuable asset in a thriving market.
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
Similar Nearby for Sale
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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.