1001 Sonoma Ranch Blvd Las Cruces, NM 88011
This exceptional 4.67-acre commercial land parcel presents a compelling investment opportunity in Las Cruces, New Mexico. Located at 1001 Sonoma Ranch Blvd, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of commercial and retail development possibilities. Its strategic location between a Neighborhood Walmart and the Public Safety Complex ensures high visibility and accessibility, guaranteeing a consistent flow of potential customers. The expansive lot size offers ample space for large-scale projects, from substantial commercial developments to retail outlets or mixed-use ventures. The property's APN is 4010134320025, and it's situated in Doña Ana County, New Mexico, with a zip code of 88011. The asking price is $2,500,000, translating to an estimated price per acre ranging from $435,600 to $534,746. This prime location and flexible zoning make this a truly unique opportunity for investors seeking significant returns in a thriving New Mexico market. The property's size and strategic placement offer unparalleled potential for a variety of commercial uses, capitalizing on the high traffic volume generated by neighboring establishments. Don't miss this chance to acquire a piece of prime commercial real estate in a rapidly growing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.