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Property profile & analytics
OFF-MARKET
Land

6421 Desert Star Rd Las Cruces, NM 88005

3.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.25-acre parcel of land presents a unique opportunity for residential development in the prestigious Raasaf Hills/Mesilla area of Las Cruces, New Mexico. Located at 6421 Desert Star Rd, zip code 88005, this property boasts a high elevation offering breathtaking panoramic views. Enjoy stunning sunsets over the Rio Grande River, the city of Las Cruces, and the majestic Organ Peak National Monument, Robledo Mountains, Picacho Mountain, Dona Ana Mountains, and even the Franklin Mountains of El Paso, Texas. The property's natural beauty is further enhanced by its serene setting, perfect for those seeking a tranquil escape while still enjoying convenient access to city amenities. While natural gas and electricity are available in the area, buyers should note that a domestic water well will need to be drilled. This 3.25-acre lot, situated in Doña Ana County, presents an ideal canvas for creating a custom home or developing a unique residential property. The asking price for this remarkable land is $70,000. Don't miss this chance to own a piece of this stunning New Mexico landscape.

Property profile
Verified
Property type Land
Lot 3.25 ac (141,570 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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