D036 Co Rd, Las Cruces, NM 88007
This exceptional 180.92-acre land parcel presents a remarkable investment opportunity in the rapidly expanding Las Cruces, New Mexico area. Strategically located along approximately 4272 feet of I-25 frontage, this property offers unparalleled access to major transportation arteries. The site boasts versatile zoning designations, including D1-L, D2-L, MU, and I1, allowing for a wide range of development possibilities. Consider retail, industrial, flex office, or multi-family projects. Utilities are available on-site. The property's proximity to central Las Cruces (8 minutes away) and the burgeoning Sonoma Ranch area further enhances its appeal. Future development plans, as outlined in Doña Ana County Plan 2040 and currently discussed in public meetings, aim to connect the I-25 and Thorpe Road intersection with the growing Sonoma Ranch, Desert Hawk Golf Course, and Highway 70 areas. This connection positions the property as a key gateway from the I-25 corridor, promising significant long-term growth potential within the expanding Borderplex ecosystem encompassing Las Cruces, El Paso, and Juarez. The land value is priced at $5 to $7 per square foot. This is a rare chance to acquire a substantial tract of land in a high-growth region with excellent infrastructure and access. The property is located at Co Rd D036, Las Cruces, NM 88007, 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
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Property description
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