3400 Picacho Ave, Las Cruces, NM 88007
This exceptional commercial land parcel presents a unique investment opportunity in the thriving West Las Cruces area. Spanning one acre, this property is zoned C2/C2C, offering considerable flexibility for a wide range of commercial developments. The asking price is $174,240, translating to a land value of $3.50 to $4.00 per square foot. Located at 3400 W Picacho Ave, Las Cruces, NM 88007 (latitude 32.312242, longitude -106.825207), this strategically positioned lot provides excellent visibility and accessibility. The property's APN is 4-004-135-376-152 & 4-004-135-365-129. While this listing specifically details one acre, it's important to note that additional acreage, ranging up to four acres, may also be available. This makes it an attractive option for both smaller-scale ventures and larger-scale commercial projects. The C2/C2C zoning allows for a variety of commercial uses, making this a versatile and highly desirable property for investors seeking to capitalize on the growth and potential of West Las Cruces. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly developing area.
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Riverwalk RV & boat Storage Storage Facility
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Throat Punch Performance LLC Auto Repair Shop Motorcycle Shop
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.