0 Boomerang Teresa Paseo Toltec Santa Teresa, NM 88008
This exceptional 1,394-acre land offering in Santa Teresa, New Mexico presents a unique investment opportunity. Comprising fifteen separate parcels, ranging in size from 27 acres to 496 acres, this expansive property is ideally situated within Doña Ana County, zip code 88008, near the intersection of Boomerang, Teresa Paseo, and Toltec. While technically part of the Las Cruces Metropolitan Statistical Area, its proximity to El Paso, Texas, offers significant advantages. The location provides convenient access to a variety of amenities, including shopping malls, restaurants, and grocery stores, enhancing its appeal for both residential and commercial development. Furthermore, its strategic position near the El Paso Country Club adds to its desirability. For those with military connections, the property's proximity to Fort Bliss (twenty miles) and William Beaumont Army Medical Center (twenty-one miles) is a significant benefit. This substantial land holding offers considerable potential for a variety of development projects, capitalizing on its prime location and convenient access to key infrastructure and amenities. The individual parcels provide flexibility for diverse development plans, catering to a range of needs and investment strategies. Detailed parcel maps and further information are available upon request.
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
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.