12639 Nm-185, Las Cruces, NM 88007
This exceptional 4.68-acre commercial land parcel presents a unique investment opportunity in Doña Ana County, New Mexico. Located at 12639 NM-185, Las Cruces, NM 88007, this property boasts breathtaking views of the Rio Grande River. Its convenient location offers easy access to I-25, providing excellent connectivity. The land is situated near popular attractions such as Leasburg Dam and Fort Selden, enhancing its appeal and potential for development. The property's expansive size allows for a variety of commercial uses, subject to local zoning regulations. This listing represents Lot 1 of two adjacent lots, both available for purchase individually or together. The seller is open to owner financing, making this an attractive option for buyers seeking flexible payment terms. The property's address is precisely 12639 NM-185, Las Cruces, NM 88007, with GPS coordinates of 32.5041607 latitude and -106.9551936 longitude. This is a remarkable chance to acquire a substantial piece of land with stunning views and excellent accessibility in a desirable location. Serious inquiries are encouraged.
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
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.