0 Calle De Alegra And Main St Las Cruces, NM 88005
This exceptional offering presents two vacant commercial lots ideally situated in Doña Ana County, New Mexico, at the intersection of Calle de Alegra and Main Street, zip code 88005. The property boasts convenient access to Interstate 10, providing excellent visibility and accessibility. Lot 1A encompasses approximately 5 acres, while Lot 1B comprises approximately 1.74 acres. Both lots are zoned C-3, opening up a wide range of commercial development possibilities. The location offers significant advantages, with close proximity to New Mexico State University and Las Cruces High School, ensuring a substantial and diverse potential customer base. Lot 1A is priced at $6.75 per square foot, while Lot 1B is priced at $6.50 per square foot. This presents a unique opportunity to acquire prime commercial land in a rapidly growing area with high visibility and convenient access to major transportation routes. The combined acreage of 6.74 acres provides ample space for a variety of commercial ventures, making this an attractive investment for developers and businesses alike. Don't miss this chance to secure a strategic location in a thriving New Mexico 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.