Current Use by Public Records
- Land
Property Details for 1240 El Paseo Rd
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Las Cruces, New Mexico. Located at 1240 El Paseo Rd, 88001, this property boasts a highly desirable location on a major thoroughfare, El Paseo Road. This key artery connects the vibrant downtown business district with New Mexico State University, ensuring high visibility and substantial traffic exposure. The site benefits from an annual average weekday traffic count of 15,841 (2023 data), providing excellent access and visibility for any commercial development. City utilities are readily available, simplifying the construction process. The property is zoned for commercial use and offers a build-to-suit option, allowing for maximum flexibility in development plans. Its proximity to the central business district (within one mile) and numerous city and federal buildings further enhances its appeal and potential for strong returns. This prime location offers unparalleled access and visibility, making it an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly sought-after commercial land parcel in a thriving New Mexico market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Doña Ana
- State
- New Mexico
- Longitude
- -106.774
- Latitude
- 32.2992
