4750 Del Rey Blvd Las Cruces, NM 88012
- Land
- 25.70 lot acres
Current Use by Public Records
- Land
Property Details for 4750 Del Rey Blvd
- Lot size
- 25.70 lot acres
- Property type
- Land
Description
This exceptional 25.7-acre parcel in Las Cruces, New Mexico, presents a compelling investment opportunity. Located at 4750 Del Rey Blvd, 88012, this property boasts a highly desirable location, offering convenient access to both commercial services and established residential subdivisions. The land's strategic position at the corner of Del Rey Blvd and Tucson Avenue (east side of Del Rey) ensures high visibility and accessibility. Its history includes prior approval as a residential subdivision, "Desert Isles," encompassing 69 lots, each approximately one-third of an acre. Further development potential has been explored, including a townhouse subdivision plan proposing approximately 145 lots. This versatile property offers significant flexibility for various development scenarios, making it an attractive prospect for developers seeking a prime location with a proven track record of residential viability. The asking price is $1,275,000. The property is situated in Doña Ana County and is easily accessible for viewing. This raw land presents a unique chance to capitalize on the growing Las Cruces market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Doña Ana
- State
- New Mexico
- Longitude
- -106.788
- Latitude
- 32.3786
