& Picacho Cor Of Vly Las Cruces, NM 88005
This exceptional 1.04-acre commercial land parcel presents a unique investment opportunity in a high-traffic area of West Las Cruces, New Mexico. Situated at the northeast corner of Valley Drive and Picacho Avenue, this property benefits from exceptional visibility and accessibility. The lot is zoned for commercial use and boasts city utilities, making it ideal for a variety of development projects. Its strategic location near Mayfield High School and adjacent to a Sonic Restaurant ensures consistent foot and vehicle traffic. Daily traffic counts on Valley Drive and Picacho Avenue are impressive, registering 19,639 and 18,370 vehicles respectively, highlighting the significant potential for business growth. The land is priced competitively at $10 per square foot, representing an attractive return on investment given its prime location and high traffic volume. This property is situated at one of the busiest intersections in West Las Cruces, drawing from a large trade area, making it an excellent choice for businesses seeking high visibility and accessibility. The 88005 zip code further underscores its desirability within the Las Cruces market. Don't miss this chance to acquire a highly sought-after commercial property in Doña Ana County.
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.