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    OFF-MARKET
    Land

    3400 Picacho Ave, Las Cruces, NM 88007

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    Current use
    Occupant on record · Public records
    • Riverwalk RV & boat Storage Storage Facility
    • Throat Punch Performance LLC Auto Repair Shop Motorcycle Shop
    Value estimations
    Realmo proprietary · 4 methods
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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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