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478 & I-10 Hwy Las Cruces, NM 88001

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

Property summary

AI-generated overview

This exceptional 203.4-acre property presents a unique investment opportunity in Doña Ana County, New Mexico. Currently zoned for agriculture, it boasts existing agricultural water rights, making it ideal for continued farming or ranching operations. The land's strategic location at the base of the Organ Mountains offers breathtaking views and significant potential for large-scale residential development. Its proximity to New Mexico State University makes it an attractive location for student housing or related projects. The property is conveniently situated near the intersection of HWY 478 and I-10, providing easy access to major transportation routes. Furthermore, its location just 40 miles north of the El Paso/Ciudad Juarez International Border Crossing offers significant advantages for businesses involved in international trade and commerce. The property's APN numbers are 4-009-139-463-352, 4-009-139-278-368, and 4-010-135-107-308. This versatile land parcel offers a blend of agricultural utility and high-growth residential potential, making it a compelling investment in a rapidly developing area of New Mexico. The Las Cruces zip code is 88001.

Property profile

Verified
Property type Land
Lot 203.4 ac (8,860,104 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

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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